Prior to entering its close period ahead of reporting its full year results for the twelve months ending 30 September 2024 on 11 December, TUI Group announces the following trading update:
TUI set to deliver a strong FY24 in line with expectations
- Positive booking momentum and a strong close to Summer 2024 leave us well positioned to reaffirm our FY24 guidance1 to increase Und. EBIT by at least 25% year-on-year
- Markets + Airline remains well ahead with bookings2 up +6% and ASP +3% for Summer 2024
- Holiday Experiences continues to perform strongly, delivering in line with our upgraded expectations
- Promising start to Winter 2024/25 as consumers continue to prioritise spend for leisure experiences
- Bookings in Markets + Airline2 up +7% with ASP +5%, ahead across all our source markets, bolstered by stronger demand for dynamically packaged product