The group delivered a growth in turnover in the period, with the “seasonal Q1 loss” reduced year-on-year.
Including the impact of foreign exchange translation, underlying Ebita (earnings before interest, taxes, and amortization) rose by 25% to €–60.3 million.
Tui Group’s turnover climbed by 8.5% to €3.49 billion (previous year €3.21 billion).
Fritz Joussen, chief executive, Tui Group, emphasised the group’s strength “despite a challenging market environment in some destinations”.
