Tui sees earnings surge by a third, but growth set to slow

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The travel giant posted a 33% rise in underlying pre-tax earnings to 1.3 billion euros (£1.1 billion) in the year to September 30.

The travel giant posted a 33% rise in underlying pre-tax earnings to 1.3 billion euros in the year to September 30.

Chief executive Sebastian Ebel cheered a “very good year” for the group and said its strategy would “continue to deliver significant growth”. UK winter bookings are flat on a year ago, with 62% of its programme sold, while they are 3% lower so far for the summer season with 27% sold, though Tui said it had seen “strong momentum” in the past month.

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Nederland Laatste Nieuws, Nederland Headlines