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Tour Operator TUI Beats Quarterly Forecasts, Ups Outlook
5 Articles
5 Articles
Tour operator TUI beats quarterly forecasts, ups outlook
Europe's largest tour operator TUI has today beaten quarterly earnings and revenue forecasts as summer travel proved more resilient and investments and bookings ahead of the winter season allowed it to raise its full-year outlook.
TUI Targets Strong Year Following Record Third Quarter Performance
Holiday giant TUI has reiterated its expectation of a strong 2025 on the back of its most successful third quarter period ever. Underlying earnings surged by nearly 40% to €321m and group revenue was up 7% to €6.2bn. Furthermore, revenue rose across all of TUI’s divisions. The Hotels and Resorts division saw record results. TUI Group CEO Sebastian Ebel said: “The third quarter and the first nine months of the financial year 2025 were strong. Our…
In the third quarter of the 2025 financial year, TUI Group achieved the strongest operating result since the merger in 2014. The holiday experiences segment with the Group's own hotels, cruises and TUI Musement in particular contributed to the positive development.
The world's largest tour operator, Germany's TUI, reports its most successful business quarter since 2014. In the third quarter of its business year, it generated 183 million euros in net profit, after it amounted to 52 million euros in the same period last year. Revenues increased by seven percent year-on-year to 6.2 billion euros.
The travel group Tui achieved a record profit in the third quarter of the year and increased its annual forecast. While sales grew only moderately, the company deliberately relies on higher margins.
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