TUI: sanctioned for its annual results

(CercleFinance.com) - TUI fell by over 4% in Frankfurt, following the publication by the tourism and travel group of its 2024 annual results, which showed a profit attributable to shareholders of 507 million euros, 3% below Oddo BHF's estimate.


The German company did, however, slightly beat the research firm's expectations in terms of adjusted EBIT and sales, up respectively by 32% to nearly 1.3 billion euros and by 12% to less than 23.2 billion.

Recent activity has been good, with no sign of a slowdown in demand, and targets for 2025 are in line with expectations", adds Oddo BHF, which confirms its 'outperform' opinion and its price target of 9.2 euros on the share.

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