Today (Thursday, December 13) Tui Group reported underlying ebita (earnings before interest, taxes, depreciation, and amortization) for the full-year as having increased by 4.1% to €1.147 billion including foreign exchange translation and by 10.9% to €1.222 billion on a constant currency basis.
However the group’s northern region market – which includes the UK – saw earnings decline to €251.1 million at constant currency rates compared with €345.8 million a year earlier.
That said, only the UK is more than 20% booked for summer 2019, Tui said.