Tui Group’s turnover dropped 5.7% year-on-year in the past quarter due to the impact of terrorism, its Q3 results revealed today.
For the period April to June Tui Group’s turnover totaled €4.6 billion, down by 5.7% year-on-year.
However overall the group improved its underlying operating result (Ebita) by 1.1% to €180 million as it “continues to transform to a hotel and cruises group” and said by the end of the financial year it plans to deliver at least 10% growth.
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