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.

Cheers skinny. :-))

---------------------------------------------------------------------------------------------
4 Dec Numis 425.00 Hold
4 Dec Panmure Gordon 503.00 Buy
3 Dec Morgan Stanley 500.00 Overweight

TUI AG announces "successful" full year following merger with TUI Travel

Wed, 10 December 2014


TUI AG announces 'successful' full year following merger with TUI Travel



Price: 439.40

Chg: -3.80

Chg %: -0.86%

Date: 16:34



FTSE 100 Quote


Price: 6,506.18 Chg: -23.29 Chg %: -0.36% Date: 16:29

German multinational travel and tourism company TUI AG on Wednesday said it has a "very successful financial year" after its merger with the UK's TUI Travel.
The group's turnover grew 1% to €18.71bn during the year and underlying earnings before interest, tax and amortisation (EBITA) rose 14% to €868.5m.

TUI's outlook was driven by a strong development of the group's operating performance, lower interest costs and a decline in one-off expenses.

A merger with British leisure travel group TUI Travel is expected to be completed next week. The group believes the merger will form the world's number one integrated tourism group.

Chief executive Fritz Joussen said: "We have delivered on our promises: We have significantly outperformed against our earnings targets.

"As a fully integrated tourism group, we are perfectly positioned for further, accelerated growth in the future. This will create value for our shareholders and secure jobs in the long term."

Following the strong results, the group announced it will be proposing a dividend of 0.33c in February next year at its annual general meeting.

Standard & Poor on Wednesday raised TUI's rating to "BB-" from "B+".

Suspended.

Applications have been made to the UK Listing Authority and the London Stock Exchange for the TUI AG Shares to be admitted to listing and trading on the Main Market of the London Stock Exchange with effect from 8:00 a.m. on 17 December 2014.

TUI Travel, TUI AG merger completes

Now the merger is completed - The new company name is TUI GROUP (ticker : TUI)


SEE NEW THREAD

http://www.moneyam.com/InvestorsRoom/posts.php?tid=18530#lastread