TUI Group full-year results outperform targets: Growth in underlying EBITA to more than 1 billion euros / Dividend of 0.56 euros proposed
The TUI Group has outperformed its earnings guidance for the full financial year. “The first year following the restructuring of the TUI Group was completed with a very strong set of results,” said Fritz Joussen, CEO TUI Group. The operating result (underlying EBITA) climbed by 22.9 per cent to 1.069 billion euros (previous year 870 million euros). It amounted to 1.004 billion euros on a constant currency basis, up 15.4 per cent. The results thus also outperformed the announced corridor (12.5 to 15.0 per cent).
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