TUI Group’s Q3 15 results revealed a strong growth in underlying EBITA (+18% yoy excluding Easter's timing and FX) despite headwinds from Tunisia (terrorist attacks in June, €10m impact on EBITA in Q3) and the continuing uncertainties in Greece (macro and political issues). However, the group warned about €25m of fallouts in the Q4 15 earnings. Travel warnings have forced the group to suspend its holiday programme to Tunisia which has been redirected into alternative destinati
14 Oct 2015
On good track to meet demanding FY15 targets
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On good track to meet demanding FY15 targets
TUI AG (TUI:LON) | 652 0 0.0% | Mkt Cap: 3,306m
- Published:
14 Oct 2015 -
Author:
Bérénice Lacroix -
Pages:
3
TUI Group’s Q3 15 results revealed a strong growth in underlying EBITA (+18% yoy excluding Easter's timing and FX) despite headwinds from Tunisia (terrorist attacks in June, €10m impact on EBITA in Q3) and the continuing uncertainties in Greece (macro and political issues). However, the group warned about €25m of fallouts in the Q4 15 earnings. Travel warnings have forced the group to suspend its holiday programme to Tunisia which has been redirected into alternative destinati