The group on Wednesday (6 December) reported full-year underlying Ebit (earnings before interest and tax) of €977 million, up 139% year-on-year, and revenue of €20.7 billion, up 25%, for the year to 30 September after taking more than 19 million customers on holiday. It is the first time Tui’s revenue has topped €20 billion.
It expects its Ebit to increase by at least 25% next year, and a further 10% growth in revenue with average selling prices continuing to rise. "2023 was a good year for Tui," said Ebel.