ET 02:04

TUI GROUP (TUI.DE): Q1 Underlying EBIT Up; Reaffirms FY26 Guidance

TUI GROUP (TUI.DE) reported first-quarter underlying EBIT of €134 million, up 12% year-over-year, on higher occupancy and improved pricing. The result reflects a 10% increase in underlying revenue to €1.04 billion. Management reaffirmed full-year 2026 guidance of €1.05 billion to €1.10 billion for underlying EBIT, citing stronger demand in key European markets and continued recovery from the pandemic. Supporting context: The company attributed the improvement to operational efficiency gains and a strategic shift toward premium and flexible-layover products, which drove higher average revenue per passenger.

EditorLim