Report
TUI AG : Momentum still favourable. Outperform confirmed
>H1 2023 results that confirm a clear recovery in activity - TUI’s H1 results came out above estimates for both revenues (+3% vs consensus’ estimates) and the EBIT loss, which fell to -€ 395m (vs -€ 604m in H1 2022 and the consensus at -€ 445m). This outperformance reflects a sharp upturn in activity in Q2, notably with EBIT virtually tripled for the hotel sector and moving into positive territory in the cruise division. The markets & airlines activity was still in a ...
Underlying
TUI AG
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Fehmi Ben Naamane
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