Q3 revenue stood at €4.8bn (+13% yoy). The underlying EBITA came in at €236m (+20%). The company confirmed its guidance of at least 10% EBITA growth in 2016-17 and at least 10% CAGR for 2018-19. On the other hand, TUI now expects turnover growth of above +3% (vs. c.+3% previously).
10 Aug 2017
Positive 9m EBITA, for the first time
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Positive 9m EBITA, for the first time
TUI AG (TUI:LON) | 576 -2.9 (-0.1%) | Mkt Cap: 2,922m
- Published:
10 Aug 2017 -
Author:
Marzio Foa -
Pages:
2
Q3 revenue stood at €4.8bn (+13% yoy). The underlying EBITA came in at €236m (+20%). The company confirmed its guidance of at least 10% EBITA growth in 2016-17 and at least 10% CAGR for 2018-19. On the other hand, TUI now expects turnover growth of above +3% (vs. c.+3% previously).