TUI Travel reports losses in 1HFY2013

TUI Travel revenue down 1% - underlying financial highlights for six months ended 31-Mar-2013:

• Revenue: GBP5397 million, -1% year-on-year;
• Operating profit (loss) excl Empty Legs: (GBP274 million), compared to a loss of GBP317 million in p-c-p;
• Operating profit (loss): (GBP289 million), compared to loss of GBP317 million in p-c-p;
  • UK: (GBP103 million);
  • Nordics: GBP36 million;
  • France: (GBP50 million);
• Profit (loss) before tax: (GBP346 million), compared to a loss of GBP367 million in p-c-p. [more - original PR]