Tui Group share price leaps despite profit hit from Tunisia terror attack August 13, 2015 Shares in Tui Group jumped 7.5 per cent to 1,118p after results posted this morning showed a rise in profits – despite the terror attack in Tunisia and uncertainty over the Greek debt hitting its revenues. The figures Tui Group reported net income of €49.4m (£35.2m) in the three months to June 30, having made a [...]
Tui share price and Thomas Cook share price tumble amid Greek debt crisis July 6, 2015 Shares in London-listed holiday firms Tui and Thomas Cook tumbled today amid concerns travel will suffer due to the Greek debt crisis which has intensified as a result of last night's "no" vote. Shares in Thomas Cook closed down 4.85 per cent to 125.5p per share this afternoon while TUI's share price was 2.55 per cent [...]
Tui and Thomas Cook share prices tumble after Tunisia beach attack June 29, 2015 Shares in London-listed holiday firms have taken a tumble after the terrorist attacks in Tunisia on Friday which left more than 30 dead, many of them British tourists. Shares in the package holiday company Thomas Cook fell as much as seven per cent to 133.026 pence per share in early trading, recovering slightly to 139.93 [...]
Tui share price rises as it promises 10pc profit growth May 13, 2015 The figures Fresh from its recent merger with its German owner, holiday giant Tui said this morning revenues grew 7.3 per cent to €6.9bn (£5bn) in the six months to the end of March, up from €6.4bn during the same period last year. Its loss on earnings before interest, taxation and amortisation fell 20 per cent, from a loss of [...]
Tui upbeat after strong demand for unique holidays and rise in online bookings March 25, 2015 The numbers Tui group has issued an optimistic trading statement. Average selling prices in the majority of source markets is toward the higher end and are up one per cent. Online bookings have climbed 12 per cent over the past six months and summer bookings are up one per cent. Why it's interesting In January, following [...]
TUI on course for profit growth after merger February 10, 2015 The figures Tui Group has reported a 23.5 per cent jump in earnings before interest, tax, depreciation and amortisation in its first quarter, and a 5.4 per cent jump in revenues – in line with expectations. Hotels and resorts performed particularly well during the period, it added. The newly formed entity, forged through a merger [...]
Tui Travel spent £29m on senior staff in last year January 4, 2015 Holiday company Tui Travel paid out a total of £29m to its directors in the 12 months to the 30 September, with chief executive Peter Long pocketing total remuneration of £13m, compared with £11m in 2013. The payouts were revealed in Tui’s results for the 2014 financial year, which showed that revenue had fallen by [...]
Tui Travel completes merger with its German parent company December 17, 2014 Tui Travel has completed its merger with its German parent company Tui AG. Tui AG shares will be admitted to the London Stock Exchange with effect from 8:00am. From today, Tui AG shares will also trade on the Frankfurt Stock Exchange. Dr Klaus Mangold, chairman of the supervisory board of Tui AG, said: Tui and [...]
Tui Travel posts soaraway profits in final results before merger December 4, 2014 UK TRAVEL operator Tui Travel yesterday reported a higher profit for its last financial year driven by strong demand in the UK, Germany and Netherlands for its higher margin “unique holidays”. The Thomson and First Choice owner said it had also halved losses from its French tour operating business. In its last set of results [...]
Tui share price rises ahead of merger with German parent December 4, 2014 Tui Travel has reported a three per cent rise in pre-tax profits to £472m ahead of its merger with parent company Tui AG. The travel company behind Thomson and First Choice posted operating profits of £612m, up four per cent on last year and an increase of 11 per cent to £654m on a constant [...]