Sebastian Ebel

"We have significantly increased our results in the second quarter, the completed winter season has developed in line with our expectations with good prices. The strong booking trend, especially in the last six weeks, and the significantly improved quarterly figures confirm our expectations: We expect a strong Summer and a good 2023 financial year with significantly higher operating profit. Our strategic initiatives are taking effect, we have repaid the WSF aid and are gearing everything towards profitable growth. We want to return to our former strength. That is our ambition and our promise to customers, employees, partners and shareholders."

Sebastian Ebel
CEO, TUI AG


  • Underlying EBIT improved by 88 million euros to -242 million euros in Q2 2023, which is typically a weaker quarter for the industry – excluding exceptional items of previous year: improvement +181 million euro

 

  • Continued strong booking trend: bookings for Summer 2023 currently +13 per cent above previous year, average prices also higher

  • Group on track for profitable growth and significantly higher operating profit in 2023

Revenue

3.2 billion euros (previous year: 2.1 billion euros)

Bookings Summer 2023

96 per cent of Summer 2019 level

WSF state aid repaid

Net debt reduces to 3.1 billion euros