TUI’s Earnings Rise On Strong Demand; Expects Further Growth in Fiscal 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
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Source: WSJ
Profit Increase: TUI reported a net profit of 507.1 million euros for fiscal 2024, up from 305.8 million euros the previous year, driven by strong customer demand.
Revenue Growth: The company's revenue grew by 12% to reach 23.17 billion euros, with expectations for further improvement in the current fiscal year.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
