Tui 2013 Q1 results

DividendMax Ltd.

Tui 2013 Q1 results

First Quarter Results ended 31 December 2012 and Interim Management Statement


Outperformance in UK & Nordic markets


Our unique holidays driving increases in UK market share


Q1 underlying operating loss reduced by 15%1


Expect performance towards the top end of roadmap guidance for full year2

Peter Long, Chief Executive of TUI Travel PLC, commented:

"We are pleased to report that our strong trading momentum has continued with particularly encouraging growth in the UK and Nordics. Our leading position in the UK has further benefited from increased market share as a result of higher demand for our unique holidays. Across all our key markets demand for the overseas holiday remains strong, despite the overall economic environment.

"We are confident that our customer focused strategy is driving performance and based on current trading we expect to be towards the top end of our roadmap guidance of 7 to 10% underlying operating profit growth for the 2013 financial year."

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