Sebastian Ebel

“Summer 2023 is going very well and demand for holidays remains high. The Mediterranean remains the most sought-after destination for summer holidays. The heatwave in Northern Europe in June and the wildfires in Southern Europe have only dampened temporarily the previously strong development – but overall it will be a very good travel summer and a good year for TUI in 2023. For the full year we continue to expect a significant year-on-year increase in underlying EBIT. We are investing today to continue to significantly grow profitably in the future. We continue to drive TUI's transformation and strengthen our competitive position by investing in our profitable growth areas.”

Sebastian Ebel
CEO, TUI AG

 

  • TUI back in profit in Q3 for the first time since the start of the pandemic: underlying Group EBIT significantly improved to 169 million euros
     
  • Revenue rises to 5.3 billion euros: +19 per cent compared to previous year
     
  • Summer 23: current bookings +6 per cent year-on-year at higher prices - Group confirms expectation of significant increase in underlying EBIT for the full year

 

Revenue Q3

REVENUE 5.5 billion euros (previous year: 4.4 billion euros)

Underlying Group EBIT

169 million € (previous year: -27 million €)

Summer 23 sold 86%