sur TUI AG (ETR:DE000TUA)
TUI Group Reports Strong Trading Momentum
TUI Group has released a pre-close trading update ahead of its full-year 2025 financial results announcement scheduled for December 10. The company confirms its forecast of 9-11% growth in underlying EBIT, owing to positive summer trading momentum and steady demand in its Markets + Airline segment. The company anticipates continued growth into Winter 2025/26 due to resilient consumer spending.
TUI has signed a strategic alliance with Oman's OMRAN Group for developing five new hotels, contributing to TUI's mid-term growth ambitions. This initiative includes OMRAN acquiring a 1.4% stake in TUI. TUI's current trading reflects increased capacity and high occupancy in its hotel and cruise segments, driven by strategic targeting of popular destinations. The company also continues to benefit from a robust hedging strategy against fuel and currency fluctuations.
R. H.
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