euro adhoc: TUI AG
Financial Figures/Balance Sheet
Ad-hoc announcement
According to section 15 of the German Securities Trading Act
TUI AG presents preliminary figures for the 2007 financial year
Significant increase in operating earnings to ...
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
04.03.2008
Ad-hoc announcement According to section 15 of the German Securities Trading Act
TUI AG presents preliminary figures for the 2007 financial year Significant increase in operating earnings to 616 million euros
TUI AG today presents preliminary figures for the 2007 financial year. Group turnover for the continuing operations grew by almost 7 per cent to 21.9 billion euros (previous year: 20.5 billion euros). Underlying earnings by the continuing operations (underlying EBITA) increased by 47 per cent year-on-year to 616 million euros (previous year: 419 million euros).
Turnover by the tourism division grew by 11 per cent to 15.6 billion euros (previous year: 14.1 billion euros) in the 2007 financial year. Earnings by the tourism division (underlying EBITA) rose by almost 14 per cent year-on-year to 449 million euros (previous year: 395 million euros). Both TUI Travel and TUI Hotels & Resorts have made a positive contribution to the earnings´ increase. Turnover by the shipping division slightly decreased by 1 per cent to 6.2 billion euros (previous year: 6.3 billion euros) in the 2007 financial year. Earnings (underlying EBITA) rose by 121 per cent to 197 million euros (previous year: 89 million euros). The container shipping division as well as the cruise activities have contributed to the increase in earnings.
TUI AG will publish detailed information on the 2007 financial year at its annual press briefing and analysts´ meeting on Tuesday, 18 March 2008.
end of announcement euro adhoc
Further inquiry note:
Björn Beroleit, phone +49 (0)511 - 566 1310
Nicola Gehrt, phone +49 (0)511 - 566 1435
Branche: Transport
ISIN: DE000TUAG000
WKN: TUAG00
Index: DAX, CDAX, HDAX, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / regulated dealing
Börse Hamburg / regulated dealing
Börse Stuttgart / regulated dealing
Börse Düsseldorf / regulated dealing
Börse Hannover / regulated dealing
Börse München / regulated dealing