TUI Group sees robust demand for package holidays in late 2024 😊

TUI Group sees robust demand for package holidays in late 2024 😊

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TUI Group sees robust demand for package holidays in late 2024
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TUI Group reported a 6% increase in clients for Q1 FY25, with 3.7 million travelers. Dynamically packaged holidays surged by 18%, totaling 0.7 million. Revenue rose 13% to €4.9 billion, and EBIT increased significantly to €51 million. Despite a 9.3% drop in share price, TUI maintains a stable outlook with a BB rating from Fitch. The company anticipates a 7-10% rise in EBIT and a 5-10% increase in revenue for FY25, focusing on growth in new markets.

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