TUI Group: The expectations of 2019 | Turnover and customer volumes up, underlying EBITA down year-on-year
After the record performance delivered in 2018, TUI Group’s start to the new financial year 2019 was in line with its own expectations: turnover growth, volume growth, but lower margins. At -83.6 million euros, the seasonal underlying EBITA loss increased year-on-year in Q1 2019 (previous year -36,7 million euros). The main reasons for the decline […]
Continue Reading