15-Dec-2010 1:08 PM

TUI Group revenue down 15.1% for 12 months ended 30-Sep-2010

TUI Group reports (14-Dec-2010) the following financial highlights for the 12 months ended 30-Sep-2010:

  • Revenue: EUR16,350 million, -15.1% year-on-year
  • Sector EBITDA: EUR215.5 million, compared to a loss of EUR1.0 million in p-c-p;
    • TUI Travel: EUR123.3 million, +274.8%;
  • Underlying sector EBITDA: EUR589.2 million, +25.2%;
    • TUI Travel: EUR506.0 million, +10.7%;
  • Net profit: EUR113.6 million, -44.9%;
  • Total assets: EUR14,616 million, +8.6%;
  • Total liabilities: EUR12,181 million, +8.6%;
  • Operating cash flow: EUR516.2 million, -6.9%. [more]

TUI Group: “For TUI Travel underlying earnings are expected to rise slightly, partly driven by higher business volumes and the effects of the cost containment programme. Overall, TUI expects a positive Group result for financial year 2010/11,” Company statement. Source: TUI Group, 14-Dec-2010.