TUI has seen growth in operating profit for the fourteenth consecutive quarter. This reflects the Group’s steady development. The very strong results give us confidence for the second half of the year. Due to geopolitical challenges and dynamic operating conditions, this will require great dedication and flexibility. Our focus is on differentiated products. Our transformation is progressing successfully: We see artificial intelligence as an opportunity for the travel and tourism industry. We are already utilising it across the Group.
— Sebastian Ebel, CEO TUI AG
Our strong results in the first half of the year show that we can successfully offset the financial burdens from the war in Iran and Hurricane Melissa in Jamaica. TUI is resilient. Despite all the challenges in the world, we are looking forward to the second half of the year with confidence.
— Mathias Kiep, CFO TUI AG
Highlights
Summary
- Strong first-half results with underlying EBIT of -111 million euros, an improvement of 45 million euros year-over-year despite additional costs in the Middle East
- TUI posted a strong underlying EBIT of -188 million euros in the second quarter, traditionally a weaker period for the tourism industry (+19 million euros year-over-year), despite one-time charges resulting from the Iran conflict (-40 million euros); revenue rose by 1.3 percent
- Holidays remain a high priority: 12.8 million guests (+0.2 million) spent their holidays with TUI in the first half of the fiscal year
- Trend toward last-minute demand for summer 2026 bookings continues
- Dynamic operating conditions amid geopolitical challenges require a high degree of flexibility
- Outlook for the fiscal year, revised in April, confirmed
- CEO Sebastian Ebel: “TUI has seen growth in operating profit for the fourteenth consecutive quarter. This reflects the Group’s steady development. The very strong results give us confidence for the second half of the year. Due to geopolitical challenges and dynamic operating conditions, this will require great dedication and flexibility. Our focus is on differentiated products. Our transformation is progressing successfully: We see artificial intelligence as an opportunity for the travel and tourism industry. We are already utilising it across the Group.”