http://www.tuitravelplc.com/

TUI Travel is one of the world’s leading leisure travel groups, with over 220 trusted brands in 180 countries and more than 30 million customers.

‘Making travel experiences special’ underpins everything we do and keeps our focus on providing the unrivalled choice, professionalism and confidence our customers and stakeholders can rely on, now and in the future.

Our business is grouped into three sectors, comprising many of the best loved and market-leading travel brands worldwide – Mainstream, Accommodation & Destinations and Specialist & Activity. From the most popular holiday brands to an unparalleled collection of specialist travel providers, we offer the breadth and depth of experiences and expertise for every conceivable type of traveller.

We are a truly global business, employing approximately 55,000 people and operating in 31 key source markets worldwide. As a dynamic, influential company we are committed to responsible leadership in the travel sector. Our head office is in the UK and TUI Travel PLC is listed on the London Stock Exchange as a member of the FTSE 100 and FTSE4Good indices with the ticker code TT.

Shares - Don't travel with Tui. The logic of combining the businesses is not good and investors would be best shot of TUI Travel in the market.

Market Buzz

Friday preview: TUI Travel merger talks to be in focus at Q3 results

Thu, 07 August 2014


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TUI Travel reports its third quarter results amid talks of a merger with its majority owner TUI AG.

In July the UK's Takeover Panel granted an extension to TUI Travel, Europe's biggest tour operator, to confirm the merger.

The companies now have until 19 September from an earlier deadline of 25 July.
If the deal goes through, it would create the world's largest leisure tourism group.

"We believe that shareholders should be unenthusiastic about the proposed merger," Numis Securities said.

The broker said promised cost savings of £36m are just 6% of TUI Travel's full year 2014 earnings before interest and tax (EBIT).

Numis also questioned the strategic logic for shareholders and said it believes that the "quality of their investment would be diluted".

It added that the company's third quarter results may have come under pressure from weak bookings in the UK and Germany, the impact of a stronger sterling and heightened geopolitical tensions.

However, the reported EBIT is expected to rise to £110m from last year's £87m as a result of the shifting of Easter into third quarter.

3rd Quarter Results

RNS


RNS Number : 5969O

TUI Travel PLC

08 August 2014








8 August 2014

TUI Travel PLC

("TUI Travel")



Third Quarter Results ended 30 June 2014 and Interim Management Statement



DELIVERING GROWTH AND OUT-PERFORMING THE MARKET




·

Strong Q3 result with underlying operating profit up 21% to £92m on a like-for-like basis1


·

Remain pleased with progress in Summer trading - higher average selling prices across Mainstream


·

Delivering against our growth levers


·

Flexible and resilient business model means that we are delivering sustainable, profitable growth and out-performing the market




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



"We are pleased to have delivered another strong performance this quarter across the Group with a 21% increase in underlying operating profit2. Demand for our unique holidays, which now account for over 70% of Summer sales, has continued to grow, as have bookings made online. Our One Mainstream structure, led by Johan Lundgren, continues to yield tangible benefits across a number of areas as we drive the organisation to deliver a performance similar to that achieved by our UK business. We remain pleased with progress in Summer trading, despite strong comparatives, and are achieving higher average selling prices across Mainstream overall.



"As the trading environment in the commodity space has become more competitive and airline capacity continues to increase, our flexible and resilient business model - focused on unique holidays and our relationship with the customer throughout their whole holiday experience - enables us to deliver sustainable, profitable growth and out-perform the market."



Highlights




·

Strong Q3 performance across the Group





- Underlying operating profit increased by £36m to £112m (Q3 2013: £76m). On a like-for-like basis1, underlying operating profit improved by 21% to £92m.



- UK and Germany underlying operating profit up by 17% and 16% respectively (excluding Easter and on a constant currency basis1).




·

Remain pleased with progress in Summer 2014 trading





- Mainstream bookings performance in line with previous trading update, with improvements in the UK and Nordics.







- Pleased with yield performance, with higher average selling prices across Mainstream overall.







- 88% sold to date.




·

Delivering against our growth levers





- Further growth in Mainstream unique holidays and online bookings.







- One Mainstream structure, led by Johan Lundgren, is firmly in place and yielding tangible benefits across multiple areas.







- Strong Q3 performance by Specialist & Activity - underlying operating profit doubled on a like-for-like basis1.







- Accommodation Wholesaler continues to perform very well with Summer 2014 TTV up 16%.

TUI Travel: Numis upgrades from hold to add with a target price of 425p.

Sharecast - FTSE 100 movers: TUI Travels gains on merger reports

Thu, 14 August 2014


TUI Travel advanced following reports its majority owner TUI AG is pressing ahead with plans to merge the two companies.

Germany-based TUI AG, which owns 55% of TUI Travel, said there was "no plan B" in the event of a failure of the proposed merger with the listed UK business.

TUI AG also reported third quarter underlying earnings rose 89% to €163m on a 3% lift in turnover to €11.4bn, resulting in a 28% narrowing in nine-month underlying pre-tax losses before interest and amortisation to €182m.

The company said it expected annual earnings to be "at least at the upper end of guidance" of 6%-12% higher than last year's €762m following strong results at its cruise and hotel divisions and at TUI Travel, which contributes more than 80% of its profits.

Ex dividend Wed 3 Sept - 4.05p

11 Sep Credit Suisse 489.00 Outperform

Recommended All-Share Merger

http://www.moneyam.com/action/news/showArticle?id=4885234

15 Sep Credit Suisse 489.00 Outperform
11 Sep Credit Suisse 489.00 Outperform

18 Sep Morgan Stanley 500.00 Overweight

Technical breakout at TT. TUI Travel.
Break through the downtrend channel MACD positive. Checking fundies now.

2 Oct Numis 425.00 Add
2 Oct Credit Suisse 489.00 Outperform

Pre-close trading update



http://www.moneyam.com/action/news/showArticle?id=4896821

23 Oct Panmure Gordon 503.00 Buy

29 Oct Panmure Gordon 503.00 Buy

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 28/10/2014, 3 days ago, when the stock price was 376.1000. Since then TT.L has risen by +5.98%.

Market Outlook

Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside


http://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=TT.L

20 Nov Credit Suisse 489.00 Outperform

Thursday 04 Dec 2014 Full Year Preliminary

Updated Expected Timetable of Principal Events

RNS


RNS Number : 5466Y

TUI Travel PLC

02 December 2014






Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws OR REGULATIONS of such jurisdiction



2 December 2014



RECommended all-Share merger of TUI Travel PLC and TUI AG



Updated Expected Timetable of Principal Events



On 15 September 2014, the Independent Directors of TUI Travel PLC ("TUI Travel") and the Executive Board (Vorstand) of TUI AG announced that they had reached agreement on the terms of a recommended all-share nil-premium merger of TUI Travel and TUI AG (the "Merger"), to be implemented by way of a scheme of arrangement of TUI Travel under Part 26 of the Companies Act 2006 (the "Scheme").

TUI Travel published the scheme document in connection with the Scheme, which included the expected timetable of principal events for implementation of the Scheme, on 2 October 2014 (the "Scheme Document"). Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document.

The Independent Directors of TUI Travel and the Executive Board of TUI AG announce that the Court Hearing to sanction the Scheme and confirm the Reduction of Capital has been convened for 10 December 2014. However, due to requisite technical procedures relating to depositing the global certificate representing the New TUI AG Shares with Clearstream and the crediting of the New TUI AG Shares to the securities deposit account of Capita IRG Trustees Limited, the TUI AG DIs are not now expected to be credited to CREST accounts until 17 December 2014 and therefore admission to listing and trading on the London Stock Exchange of TUI AG Shares is not expected to take place until 8:00 a.m. that morning.

An updated expected timetable of principal events in relation to the Merger is set out below. Any further updates or changes will be notified by TUI Travel through a Regulatory Information Service. All references in this table to times are to London time.


Event

Time/date


Last date for registration of transfers of (and date for disablement in CREST of) TUI Travel Shares

9 December 2014


Scheme Record Time and record time for second interim dividend

6:00 p.m. on 9 December 2014


Last day of dealings in TUI Travel Shares

10 December 2014


Court Hearing to sanction the Scheme and confirm the Reduction of Capital

10 December 2014[1]


Declaration of second interim dividend and irrevocable instruction by TUI Travel for payment of second interim dividend

10 December 2014 (following the Court Hearing)


Suspension of listing of, and dealings in, TUI Travel Shares

By 8:00 a.m. on 11 December 2014


Scheme Effective Time

11 December 2014[2]


Issuance of New TUI AG Shares

12 December 2014[3]


Listing and commencement of dealings on the London Stock Exchange of TUI AG Shares and CREST accounts credited in respect of TUI AG DIs

8:00 a.m. on 17 December 2014


Delisting of TUI Travel Shares

After 17 December 2014


TUI Travel second interim dividend credited to relevant accounts

24 December 2014


Latest date for Scheme to become Effective

30 September 2015[4]

3 Dec Morgan Stanley 500.00 Overweight