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TUI AG : Q1 2024 results above expectations. 2024 guidance reiterated
>Q1 figures ahead of expectations - TUI AG this morning released its Q1 2024 results (end-December). The figures beat expectations; group sales amounted to € 4,302m (15% y-o-y), up 6% vs the css (i.e., Visible Alpha) and 5% ahead of our estimates. Q1 group underlying EBIT stood at € 6.0m (-€ 153m in Q1 2023), far above expectations, while we had expected -€ 102.0m and the css -€ 96m. Earnings were driven by both the hotel division and the cruise division with pos...
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TUI AG
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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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