FY24 Q2/H1 Results

The FY24 Q2/H1 results were published on 15 May 2024.

You can find the webcast here:

Sebastian Ebel

"Travelling is very popular. The trends are intact. We see growth opportunities in new markets, through a broader offering and additional target groups. The transformation of the segments remains a central component of our strategy. The first two quarters of the year were very successful in operational terms. This underlines our strength in growing profitably in a dynamic market environment. We are aware of the ongoing challenges in the geopolitical environment and confirm our expectations regarding sales and earnings growth."

Sebastian Ebel

  • Travel enthusiasm remains unabated in Q2 2024: TUI achieves record turnover of 3.6 billion euros (previous year: 3.2 billion euros)
  • Adjusted Group EBIT in the second financial quarter, which is typically weaker in the industry, improves significantly by 54 million euros to -189 million euros​ 
  • Holiday Experiences segment: top results at Hotels & Resorts and Cruises boost adjusted EBIT by 91 million euros to 171 million euros in Q2 2024
  • 2.8 million guests travelled on holiday with TUI in the reporting period, 14 per cent more than in the previous year
  • Continued promising booking trend and good demand for summer 2024, bookings +5 per cent and average prices +4 per cent, currently 60 per cent of the programme has been sold​
  • Group confirms full-year forecast: sales at least +10 per cent, adjusted EBIT at least +25 per cent