TUI reported a mixed set of Q3 figures with revenue growth above consensus expectations and margins under pressure due to cost inflation in the UK. Despite the challenging market conditions this year, the continuing strong demand in the Cruise business and increasing additional capacity offer a better mid-term outlook.
09 Aug 2018
Mixed Q3 results with reassuring booking numbers and lower margin generation
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Mixed Q3 results with reassuring booking numbers and lower margin generation
TUI AG (TUI:LON) | 598 140.6 4.1% | Mkt Cap: 3,036m
- Published:
09 Aug 2018 -
Author:
Jie Zhang -
Pages:
3
TUI reported a mixed set of Q3 figures with revenue growth above consensus expectations and margins under pressure due to cost inflation in the UK. Despite the challenging market conditions this year, the continuing strong demand in the Cruise business and increasing additional capacity offer a better mid-term outlook.