As expected, the group’s operating profit has continued to be impacted by the weak volume in tour operator activity and the B737 MAX grounding. However, the Hotels and Cruises businesses continued to perform well, benefiting from the diversification of product and locations. The group has maintained its FY 19 guidance.
13 Aug 2019
Confirmation of FY 19 guidance
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Confirmation of FY 19 guidance
TUI AG (TUI:LON) | 652 39.2 0.9% | Mkt Cap: 3,311m
- Published:
13 Aug 2019 -
Author:
Jie Zhang -
Pages:
3
As expected, the group’s operating profit has continued to be impacted by the weak volume in tour operator activity and the B737 MAX grounding. However, the Hotels and Cruises businesses continued to perform well, benefiting from the diversification of product and locations. The group has maintained its FY 19 guidance.