TUI Group: Exciting Full-Year Results Revealed for September 2024!

• TUI Group reported strong financial growth for the fiscal year ending September 30, 2024, with revenue of €23.2 billion (+12%) and underlying EBIT of €1.3 billion (+33%).
• All business segments, especially Hotels & Resorts and Cruises, contributed to the EBIT growth, supported by robust consumer demand and a strong product proposition.
• The Group achieved a positive result of €507 million, a 66% increase, with 20.3 million customers traveling with TUI, a 7% rise from the previous year.
• Operating cash flow increased by €0.3 billion to €1.5 billion, and net debt improved by €0.5 billion to €1.6 billion, resulting in a net leverage ratio of 0.8x.
• TUI continues to focus on sustainability, aiming for net-zero emissions by 2050, with initiatives like solar power plants and sustainable practices in hotels and cruises.
• The company expects revenue growth of 5%-10% and underlying EBIT growth of 7%-10% for FY25, driven by strong booking momentum and strategic transformation efforts.

The next important date, Publication of consolidated/annual financial statements, at TUI is on 11.12.2024.

At this time, the index MDAX was at 26.894,26PKT (-0,62 %).

TUI

-6,91 %

-20,24 %

-19,37 %

-30,13 %

-24,47 %

-62,56 %

-48,48 %

-87,95 %

-12,52 %

ISIN:DE000TUAG505WKN:TUAG50

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