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German tourist group TUI Group says revenue rose in third quarter

August 15, 2024


Abstract : The German travel group TUI said it lost €103.6 million ($114 million) in the third quarter compared to a loss of €52.5 milli...The German travel group TUI said it lost €103.6 million ($114 million) in the third quarter compared to a loss of €52.5 million in the prior year.

The German travel group TUI said it lost €103.6 million ($114 million) in the third quarter compared to a loss of €52.5 million in the prior year.

Earnings per share were €0.10 compared to €0.07. Underlying Earnings Before Interest and Taxes (EBIT) was €231.9 million, up 36.8%. Revenue was €5.79 billion, an increase of 9.5%.

The company reconfirmed guidance for fiscal 2024. The company's mid-term guidance includes a plan to generate underlying EBIT growth of approximately 7% to 10%.

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Keyword: revenue German tourist group TUI Group

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