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Tui Group boosted by strong UK performance

Operators
TTG Staff
10 December 2015

A strong performance in the UK has helped Tui Group deliver a rise in pre-tax profits.

Tui headquarters

The company, which was formed a year ago from the merger of Tui Travel and Tui AG, posted a pre-tax profit €535 million up from €499 million. Turnover rose by 8% to €20 billion.

Using Tui Group’s preferred "underlying" metric, earnings before interest, taxes, and amortisation rose 23% to €1.1 billion.

The improvement came despite the tragic events in Tunisia earlier this year, which saw 33 of the company’s customers killed on a beach. Tui said the impact would be around €52 million.