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German Federal States — News — Record sales — Financial year — Germany — Lower Saxony — Coronavirus — Quarterly figures — wanderlust — TUI — Tourism — Hanover

Travel enthusiasm and higher prices bring Tui record sales

The return of the desire to travel after the corona pandemic has brought the world's largest travel group Tui back into the black in the past financial year. In the twelve months to the end of September, shareholders received a surplus of 306 million euros after a loss of 277 million a year...

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A Tui AG logo lights up in front of a building at the company headquarters in the morning, while....aussiedlerbote.de
A Tui AG logo lights up in front of a building at the company headquarters in the morning, while vehicles drive past the building. Photo.aussiedlerbote.de

Tourism - Travel enthusiasm and higher prices bring Tui record sales

The return of the desire to travel after the corona pandemic has brought the world's largest travel group Tui back into the black in the past financial year. Shareholders received a surplus of 306 million euros in the twelve months to the end of September after a loss of 277 million a year earlier, as the company announced in Hanover on Wednesday.

Thanks in part to higher travel prices, turnover rose by a quarter to a record 20.7 billion euros, while operating profit adjusted for special items (adjusted EBIT) soared from 409 million to 977 million euros. In the new financial year to the end of September 2024, CEO Sebastian Ebel aims to increase sales by at least ten percent and adjusted operating profit by at least a quarter.

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Source: www.stern.de

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