The market cheered TUI’s consensus-beating H1 results, improving the net debt position and accompanied by upbeat FY guidance. The favourable market conditions and the group’s strong pricing power should support sparkling summer trading and allow for a further strengthening of the balance sheet, although the only-limited fuel hedging could neutralize part of this expected vitality.
12 May 2022
Summer is finally here (soon)
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Summer is finally here (soon)
TUI AG (TUI:LON) | 598 140.6 4.1% | Mkt Cap: 3,036m
- Published:
12 May 2022 -
Author:
Yi Zhong -
Pages:
3
The market cheered TUI’s consensus-beating H1 results, improving the net debt position and accompanied by upbeat FY guidance. The favourable market conditions and the group’s strong pricing power should support sparkling summer trading and allow for a further strengthening of the balance sheet, although the only-limited fuel hedging could neutralize part of this expected vitality.