By Iain Gilbert
Date: Wednesday 13 Aug 2025
(Sharecast News) - Travel firm TUI posted stronger-than-expected third-quarter earnings on Wednesday, citing both resilient summer travel demand and solid performances across its hotels and cruise divisions.
TUI said underlying earnings had risen 38% year-on-year to €321m, beating analyst expectations of €269m, while revenue across all segments climbed 7% to €6.2bn, driven by robust demand in Holiday Experiences.
However, the Frankfurt and Hanover-listed firm noted that its airline segment remained under pressure, citing cost inflation and competitive pricing.
Summer bookings dipped 2% due to Middle East tensions, though ticket prices rose 3%, helping offset higher operating costs. German bookings fell 5%, impacted by extreme heat.
Looking ahead, TUI said on Tuesday that it now expects full-year EBIT to grow between 9% and 11%, up from previous guidance of 7% to 10%, while revenue was now projected to grow at the lower end of its 5% to 10% forecast amid macroeconomic headwinds and patchy booking trends.
Chief executive Sebastian Ebel said: "The third quarter and the first nine months of the financial year 2025 were strong.
"All this in a continuing challenging environment for our M+A segment with economic difficulties in Europe, Europe-wide heat waves in the summer and the conflict in the Middle East."
As of 0950 BST, TUI shares were up 0.73% at €7.95 each.
Reporting by Iain Gilbert at Sharecast.com
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