TUI: confirms forecasts for FY 2025
(CercleFinance.com) - Group sales rose 13% to E4.
9bn in Q1 (Q1 2024: E4.3bn).
TUI has had a good start to 2025. 3.7 million customers traveled with TUI in Q1, up 6% y-o-y (October to December 2024).
Underlying EBIT improved to E50.9m (previous year: E6m). TUI says that this development is mainly driven by the very good performance of the Holiday Experiences segment, which includes Hotels & Resorts, Cruises and TUI Musement (Tours & Activities).
The positive booking momentum for winter 2024/25 and summer 2025 continues, with current bookings up 2% y-o-y.
TUI confirms its outlook for FY 2025. It expects sales to increase by 5%-10% and underlying EBIT to rise by 7%-10% y-o-y.
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