Report
TUI AG : Very good Q3 publication; positive short-term prospects. Outperform rating maintained
>Q3 results topped expectations - TUI AG this morning reported a good set of Q3 (to end-June) results, ahead of expectations. Group revenues, at € 5.79bn (ODDO BHFe at € 5.65bn, Visual Alpha consensus at € 5.62bn), were up 9% y-o-y, confirming the continued positive trend in leisure demand (and despite apprehensions linked to the conservative rhetoric of airlines), particularly in Europe (both volumes and prices). By division, the hotels division continues to perform ...
Underlying
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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