FY25 Q1 Results / Annual General Meeting

The Q1 Results were published on 11 February 2025.

You can find the webcast here:


Sebastian Ebel

“TUI is strategically well positioned. Thanks to our integrated business model, we create synergies between the two business areas Markets + Airline, with our tour operators and flight business, and Holiday Experiences, with our own Hotels, Cruises and TUI Musement. The roadmap is clear: We are accelerating our transformation and aiming for global growth. We set the course for that in the last financial year and will continue to deliver consistently in 2025. The first quarter shows: our strategy is paying off, operationally we are delivering. People prioritise their holidays even in times of change, and even in a challenging economic environment in Europe for almost all sectors. For ten quarters in a row, TUI has successfully aligned trends, strategy and operational performance"

Sebastian Ebel
CEO, TUI AG

Mathias Kiep

"The promising performance in the first financial quarter of 2025, and thus the tenth consecutive quarter of earnings growth, will help us achieve our ambitious growth targets for the full year: we expect underlying EBIT to grow by 7-10 per cent. We have also reached another milestone in our financial profile: Fitch rating agency has given TUI a credit rating of BB with a stable outlook. This marks our return to pre-pandemic levels."

Mathias Kiep
CFO, TUI AG


  • Travel trend continues: 3.7 million customers travelled with TUI in Q1 2025
  • Revenue up 13 per cent to 4.9 billion euros / Underlying EBIT increases to 51 million euros due to strong performance in Hotels & Resorts, Cruises and TUI Musement
  • Positive trading momentum for Winter 2024/25 and Summer 2025
  • Guidance for FY 2025 confirmed