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...German travel company Tui reported record revenues for the past three months of 2023, citing increased customer demand and competitive pricing as it increased sales by 15 per cent compared with the same...
...The board of travel group Tui has dealt a blow to the London Stock Exchange by recommending that the company cancels its UK listing....
...Tui said earlier this year that “terminating the listing in London would offer clear advantages for investors and the company”....
...Tour operator Tui is weighing delisting from the London Stock Exchange....
...HOLD: Tui (Tui) Europe’s biggest tour operator has pivoted to a profit after several difficult years, writes Christopher Akers....
...But it would make sense as Tui gets back on its feet. Tui chief executive Sebastian Ebel is likely to put the proposal forward at next year’s annual meeting....
...Tui expects 2024 to be a year of strong growth....
...The company has had a dual listing since it was formed out of the merger of British tour operator Tui Travel and its German parent Tui AG....
...Tui: Shares in the German travel company rose 3.5 per cent on its first day with a primary listing on the Frankfurt stock exchange....
...Tui: Shares in the German travel group surged 4.7 per cent after it booked record quarterly revenues and reported strong demand for the summer months, reflecting a sector-wide boom....
...Tui predicted summer bookings would be 6 per cent higher than last year despite the wildfires in southern Europe....
...He says Tui stands ready to cater to their needs. He also expects more travel in the nippier seasons. For now Tui will make the most of its time in the sun....
...German travel group Tui publishes first-quarter results and holds its annual general meeting....
...Tui chalked up its first profitable early summer quarter since the Covid-19 pandemic, with demand and prices rising....
...Big share price moves in Europe on Wednesday include German tour operator Tui, German pharmaceutical company Merck, and London-listed British American Tobacco: Tui: Shares in the tour operator surged 6.3...
...Tour operator Tui has begun to offer holidays in some southern Mediterranean destinations such as Turkey’s Antalya year-round....
...Flutter, the gambling group that owns Paddy Power, said in January that it was planning to move its primary listing to New York, while shareholders in Tui, Europe’s largest travel company, last month overwhelmingly...
...Big share price moves in Europe today include German travel company Tui, UK-based home improvement retailer Kingfisher, and online retailer Ocado: Tui: Shares in Germany-based travel company Tui jumped...
...Tui said the outstanding €750mn from Berlin’s economic stabilisation fund would be repaid in full, while the company’s credit line would fall from €2.1bn to €1.1bn....
...More than three-quarters of Tui’s shares are now held in Germany, according to Tui’s chief financial officer Mathias Kiep....
...Europe’s largest tour operator Tui is considering delisting from London, after a shift in trading volumes to Frankfurt....
...Elsewhere a Ryanair flight from Shannon to Edinburgh ended up in Cologne, while a Tui flight from Sharm El Sheikh to Glasgow landed in Manchester....
...The repercussions, however, are clear given the rise in private equity-backed takeovers and a growing roster of companies, such as Tui, CRH and Ferguson, opting to move their listing overseas....
...This reduces a source of uncertainty for Tui. It also transfers value to the other shareholders....
...UK pollster YouGov and Europe’s largest tour operator Tui are also considering cancelling their London listings....
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