Shares 

Perfect storm dampens Tui sales

Perfect storm dampens Tui sales

The unusually hot weather across Europe may garner mixed reactions from those accustomed to a lacklustre summer in the UK. For Tui (TUI), there’s no doubt this has been bad for summer holidays as would-be travellers don’t need to go anywhere to find sunshine. Management said the high level of early bookings helps to limit the impact of prolonged stretch of good weather, but that outperformance is still unlikely. This was one of numerous factors that contributed to the 13 per cent decline in cash profits during the third quarter to €193m.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now