Wednesday, December 17: The merger of British tour operator TUI Travel and its German parent company, TUI AG, completed today creating TUI Group (LON:TUIJ), the world's largest leisure and tourism company. As of today, TUI Group shares are listed with the ticker symbol TUIJ on the London Stock Exchange’s Main Market. They are also included in the FTSE UK indices, and the premium FTSE 100 index.

TUI Group is the world’s number one integrated tourism business. From now on, the broad portfolio gathered under the Group umbrella will consist of strong tour operators, 1,800 travel agencies and leading online portals, six airlines more than 130 aircraft, over 300 hotels with 210,000 beds, twelve cruise liners and countless incoming agencies in all major holiday destinations around the globe. This integrated offering will enable us to provide our 30 million customers with an unmatched holiday experience in 180 regions. A key feature of our corporate culture is our global responsibility for economic, environmental and social sustainability. This is reflected in more than 20 years of commitment to sustainable tourism. In 2013/14 financial year the TUI Group with a headcount of 77,000 recorded turnover of €18.7 bn and an operating result of €869m. The TUI Group’s share is listed on the London Stock Exchange in the FTSE index and in the regulated market of the Frankfurt Stock Exchange.

http://www.tuigroup.com/en



Link to the TUI TRAVEL thread before the merger.

http://www.moneyam.com/InvestorsRoom/posts.php?tid=16836#lastread




Calendar


10 February 2015 Annual General Meeting
February 2015 First Quarter Report 2014/15
May 2015 Half-Year Report 2014/15
August 2015 Interim Report 9 month 2014/15
December 2015 Annual Report 2014/15

26 Jan Nomura 1,344.00 Buy

4 Feb Deutsche Bank 1,320.00 Buy
4 Feb JP Morgan... 1,325.00 Overweight

Tuesday's agenda - TUI travels onto radar
By Giles Gwinnett
February 09 2015, 8:00pm
Tuesday's agenda - TUI travels onto radar


Travel giant (LON:TUI) will fly onto the radar Tuesday with first quarter numbers.

The huge group was formed from the merger of London-listed TUI travel and the German majority owner TUI AG in December 2014.

It has plans to bundle airline operations and the market will be intererested to hear on developments on this.

Prior to its union in December, the old TUI delivered a 3% rise in pre-tax profits for the year to end September, 2014.

The Thomson and First Choice operator posted a £475mln underlying profit before tax for the year to September, slightly higher than the £461mln it made in 2013.

Revenue for the year was £14.6bn, down 3% on last year's £15bn, which was blamed on an "adverse foreign currency translation impact".

Performance in the UK, Netherlands and Germany picked up while its French tour operator halved its losses.

Weakness in the Nordics in the first half of the year held things back, along with tougher trading conditions in Russia and Ukraine.

Shares have had a reasonable run in the last month, rising around 3%.

1st Quarter Results

HIGHLIGHTS

· 15% improvement in the underlying operating result1, excluding profit on sale of Riu Waikiki
· Travel (formerly TUI Travel) result in line with our expectations
· Hotels & Resorts (formerly TUI Hotels & Resorts) and Cruises delivered a significant increase in profitability, including the profit on sale of a hotel
· Pleased with overall trading to date for Winter 2014/15 and Summer 2015
· Post-merger integration underway - delivery of synergies will commence during this financial year
· Mainstream strategy is progressing, from growing profitability to profitable top-line growth
· Evaluating options to manage Non-Mainstream for growth and value
· Confident of delivering full year underlying operating profit growth of 10% to 15% at constant currency1

Sharecast -TUI Group confident of 10%-15% growth as merger cruises to serene start

Tue, 10 February 2015


TUI Group confident of 10%-15% growth as merger cruises to serene start



TUI Group, the holiday giant formed when London's Tui Travel merged with its German sister company in December, has sailed off to an encouraging start to 2015 buoyed by a "significant" increase in profitability in ocean cruises, hotels and resorts.
Thanks to the successful launch in the first quarter and benefits from the merger on the horizon for this year, the FTSE 100 company said it was "confident of delivering full year underlying operating profit growth of 10% to 15%".

In the first quarter, revenue swelled to €3.54bn, up 5.4% from the restated combined results of the two companies, with group underlying operating losses reduced by €33m to €108m, not including a €5m currency loss or a €16m profit on sale of the Riu Waikiki hotel in Gran Canaria.

The strong performance from hotels & resorts was driven by improved yield performance, while the cruises unit returned to profitability thanks in part to strong growth at TUI Cruises, while the tour operating business was broadly flat.

The wholesale accommodation business continued to outperform the market, with 24% growth in total transaction values (TTV) for this summer driven by growth in Asia, Latin America and the USA.

Overall, mainstream holiday performance during the quarter was in line with internal expectations, with the strategy having been developed from a focus on "growing profitability" to a new aim for "profitable top-line growth".

In non-mainstream, the group said it was now "evaluating our options to manage these businesses for growth and value", with a likely initial public offer (IPO) or trade sale for part-owned shipping and cruises business Hapag-Lloyd.

The current booking position appeared to be good, with 84% of the winter programme sold at higher selling prices in most source markets, although the group is reported to be experiencing margin pressure in Germany

For summer 2015, TUI is pleased with trading to date, though mainstream bookings are down 1%, with approximately 32% of the programme sold, in line with prior year, with average selling prices up 1%. Winter trading is similar in terms of customer numbers.

Tui's joint chief executives, Friedrich Joussen and Peter Long, said: "We are delighted to announce our first set of results as TUI Group, having delivered 15% improvement in the underlying operating result. This reflects a significant increase in profitability in hotels & resorts and cruises.

"The Travel result is in line with our expectations. We have continued to grow unique holidays and online bookings across all key source markets and expect to deliver growth in the underlying operating result in the remainder of the year."

Analysts at Shore Capital were reassured by the first statement post the merger and by the pursuit of profitable top-line growth.

"We suspect that the 7-10% annual profit growth from Travel out to 2017 could prove stronger for longer."

They added: "During the year we would expect progress on implementing merger synergies, exiting Hapag-Lloyd AG and delivering value from non-core assets.

"We have set out a roadmap for some circa €2 per share of earnings by 2020. Including cash returns this could equate to at least €24 per share by the end of the decade. We see today's update as a milestone on this journey."

18 Mar Morgan Stanley 1,370.00 Overweight
18 Feb Deutsche Bank N/A Buy

On Wednesday, travel group TUI sends out an update.

There will be a particular focus on the level of growth in selling prices and the performance of the higher margin “unique” holiday offerings, reckons broker The Share Centre, given the group’s target of 10%-15% growth in operating profit for the full year.

The market will also be interested in how the integration of TUI travel and TUI AG is progressing and the latest assessment of the potential synergies and opportunities resulting from the combination.




http://www.proactiveinvestors.co.uk/companies/market_reports/78515/week-ahead-brave-new-world-for-ftse-100-wolseley-tui-easyjet-update--0000.html

24 Mar Credit Suisse 1,275.00 Outperform

Trading statement

Highlights



Pleased with Mainstream trading



· Winter 2014/15 closing out as expected, with higher average selling prices in most source markets, up 1% overall.



· Pleased with Summer 2015 - bookings up 1% and average selling prices up 1%:

o Demand for our unique holidays continues to rise, accounting for 74% of Summer bookings to date, up three percentage points on prior year.

o Strong growth in online bookings, up 12% on prior year.






//////////////////////////////////////////////////////////////////////////////////////////////////


TUI Group on track to hit profit targets

By Andrew Neil

March 25 2015, 7:45am
The company, the world's largest leisure tourism group which competes against Thomas Cook, is due to publish its first-half results in May.


Travel firm TUI Group told investors it’s on track to grow its full-year operating profit by between 10 and 15%, helped by a rise in online holiday bookings.

The company, formed in December from the merger of London-listed TUI travel and German majority owner TUI AG, also said that its first half-result this year will beat last year’s.

In an update, the business said online bookings are up 12% on the prior year, while average holiday selling prices are up 1%.

Summer bookings are up 1% on the previous period, helped by demand for its unique holidays, which account for 74% of summer packages to date.

The Hotels & Resorts business is performing well, according to the business, with improved occupancy rates and yield while cruise sales continue to grow.

In February, TUI Group performed in line with expectations 23.5% jump in EBITDA in its first quarter, and a 5.4% jump in revenues - in line with expectations.

The company, the world's largest leisure tourism group which competes against Thomas Cook, is due to publish its first-half results in May.

dc,

I have amended the epic in the thread header as per your request,

Ian

Cheers Ian

1 Apr Deutsche Bank 1,375.00 Buy

9 Apr Barclays... 1,342.00 Overweight

14 Apr Nomura 1,386.00 Buy

TUI 'looking to sell' LateRooms

GERMAN travel giant TUI is reportedly set to check out of Manchester-based LateRooms.com, the online hotel booking service it has owned since 2007TUI, which owns the Thomson and First Choice brands, is looking to raise hundreds of millions of pounds from the sale of non-core assets, Sky News said. The broadcaster said that TUI has appointed Arma Partners, a London-based advisory firm, to oversee the sale process.Based at the Peninsular Building on Cheetham Hill Road, the company, which was founded by three brothers in Salford, was .....

8 May Exane BNP... 1,300.00 Outperform

TUI: Credit Suisse reiterates outperform and 1,320p target.

Interim Results for the six months ended 31 March 2015

STRONG H1 PERFORMANCE AND STRATEGIC AGENDA DEFINED

HIGHLIGHTS

· 14% improvement in operating result (excluding profit on sale of Riu Waikiki and Europa 2 refinancing benefit)
· Source Markets result improved based on the good performance in Northern and Western Region
· Former TUI AG Hotels & Resorts and Cruises delivered a significant increase in profitability
· Pleased with overall Summer 2015 trading
· Remain confident of delivering full year underlying operating profit growth of 10% to 15% in 2014/151
· Post-merger integration underway with a faster pace
· Strategic agenda defined and new operational structure implemented
· Our unique integrated business model and clear roadmap for growth give us confidence that TUI Group has the ability to deliver at least 10% underlying EBITA CAGR over the next three years3 - further details will be available in our Capital Markets Update to be held later today

Part 2.

I just hope everything goes wrong with the Dreamliner and then TUI
Reasons, being German a company , there is European plane maker to choose from ... Airbus
personal reasons: I only use TUI once before and I had a bad experience.... The plane was new but they could not control the cold inside the cabin, so I reached the destination almost frozen, we were late, and I had to pay extra for hand luggage 65 euros , cos was 10 Kilos instead of 5 Kilos


Boeing And TUI Finalise USD257 Million Dreamliner Order
Thu, 14th May 2015 10:29

CHICAGO (Alliance News) - Aerospace and defense giant Boeing Co Thursday said it has finalised an order for one 787-9 Dreamliner with an option for one further 787-9 from German travel and tourism group TUI AG.

The order is valued at USD257 million at current list prices. TUI Group also announced that it will substitute two unfilled orders for 787-8s for two 787-9s.

The European leisure group will operate a fleet of 13 787-8s from this summer and with latest announcement will add three 787-9s to its fleet within the next three years.

There are six airlines in the TUI Group operating 144 medium and long-haul aircraft, including the 787. Boeing has delivered more than 165 airplanes to TUI Group airlines. As well as the orders for 787s, TUI Group also has ordered 60 737 MAXs.

Market Buzz



Tue, 26 May 2015

Citi lifts TUI target price but cautious about cash flow



Citigroup has lifted its target price for TUI AG from 1,150p to 1,250p but kept a 'neutral' recommendation, saying it sees no cash returns in the near term at the travel operator.
Following TUI's full-year results two weeks ago, Citi said management was "doing a good job at carving out EBITA growth (>10% per annum) in a tough market".

However, it said that this growth has come at the expense of higher capital expenditure and restructuring charges, which reduce free cash flow and lift debt.

"We now expect close to zero year end net debt for the next three-four years, rather than growing net cash balances. Apart from the dividend we see little scope for near term cash returns especially considering the c€1.4bn pension deficit and c€900m per annum rental payments," Citi concluded.

The stock was down 0.9% at 1,170p by 11:18.