13 December 2018

TUI Group – the world’s leading tourism group

The company presented its full year 2018 earnings today in London.

TUI again delivered double-digit earnings growth in financial year 2018 – for the fourth consecutive year. The Group’s successful transformation as a developer, investor and operator of hotels and cruise ships is again paying off. The Group’s operating result climbed by 10.9 per cent1, with turnover up by 6.3 per cent1. The dividend proposal has been increased to 0.72 euros. At the presentation of the results in London, TUI CEO Fritz Joussen said: “We are investing, we are growing with TUI’s high-margin products and services and our businesses are increasingly scaling. Today, our own Holiday Experiences content account for more than 70 per cent of our earnings: hotels, cruises, excursions and destination activities. This enables us to clearly differentiate ourselves from the competition. With more than 20 million customers, use of state-of-the-art IT and intelligent customer systems, we have considerable potential for new business, turnover and earnings. We will continue our successful transformation: The next step will transform TUI into a digital and platform organisation.”

1 Based on constant currency growth