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

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.

TUI: Nomura ups target to 1,920p from 1,870p and stays at buy.

3rd Quarter Results

This quarter was marked by the tragic events in Tunisia at the end of June.

Supporting our customers, their families and our staff through this sad time remains our highest priority.

We are very proud of the commitment and dedication our colleagues have shown throughout this unprecedented situation.

Strong growth in underlying EBITA which reflects the continued delivery of our strategy and resilience of our business model.

Robust current trading overall for Summer 2015.

Based on current trading we are confident of delivering underlying EBITA growth of 12.5 % to 15 % in the current financial year and at least 10 % underlying EBITA CAGR over the next three years1.

more....

14 Aug Jefferies... 1,160.00 Hold
14 Aug JP Morgan... 1,285.00 Overweight
10 Aug Citigroup N/A Neutral
10 Aug Nomura N/A Buy
10 Aug JP Morgan... 1,275.00 Overweight
6 Aug Deutsche Bank 1,235.00 Buy

17 Aug Deutsche Bank 1,385.00 Buy

15 Sep JP Morgan... 1,320.00 Overweight

Market Buzz

Nomura reiterates TUI's 'buy' rating

Thu, 31 March 2016


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Nomura reiterates TUI's 'buy' rating



Tui AG Quote more






Price: 13.70

Chg: 0.63

Chg %: 4.86%

Date: 17:30



Deutsche Boerse MDAX index Quote


Price: 20,385.02 Chg: -109.98 Chg %: -0.54% Date: 17:30

(ShareCast News) - TUI AG's 'buy' rating and target price of €22.60 (£17.85) were left unchanged by Nomura after the company said summer holidays were higher than last year.
The group said it is was on track to meet its target of growing core earnings by at least 10% this year as it reported a 2% increase in summer bookings.

Tui sold 47% of its summer holiday programme, in line with last year, and at 1% higher average selling prices, meaning revenue from the programme has been lifted 3%.

"This compares favourably with Thomas Cook, which last week reported bookings down 5% year-on-year and pricing unchanged, demonstrating, in our view, a superior product (differentiated) and its proven ability to quickly reshape programme in the light of geopolitical events," Nomura said.

The cruise arm was said to be delivering continued growth, driven by strong demand for the latest in the Mein Schiff cruise ships, which is due to be launched this July.

The first half of the year has been focused on the winter programme, which has closed out almost fully sold at 95%.

"We forecast 14% earnings per share compound annual growth rate (2015-18), which is well supported by structural growth at its market-leading tour operator division, its cruise division expansion plans, its hotel roll-out programme and merger synergies," said Nomura.

"We therefore retain our 'buy' rating."

Shares rose 5.35% to 1,083p at 1037 BST

Market Buzz

TUI rallies as Deutsche says it expects strong summer

Mon, 09 May 2016


TUI rallies as Deutsche says it expects strong summer

(ShareCast News) - Tour operator TUI was top of the leader board on Monday as Deutsche Bank expressed confidence that the company would enjoy a strong summer.
"We believe TUI will enjoy a strong summer because its fast remix of capacity should deliver good results as visitors return to the more traditional European tourist destinations (Spain) and classic long-haul destinations around Central America and the Caribbean," the bank said.

It said the streamlining currently underway at TUI will make the company a more focused and content-driven tour operator, which in itself is a good thing.

"More importantly however, as the TUI 'conglomerate' becomes simpler we think the market will realise that it is really three businesses (a hotelier, a cruise liner and a tour operator) rather than just a tour operator," said DB as it reiterated its 'buy' stance.

The bank pointed out that hoteliers and cruise liners tend to trade at premium multiples to tour operators, so unlocking these two additional businesses should enhance shareholder value substantially.

At the first-half results on Wednesday, Deutsche expects management to reiterate confidence in +10% growth in earnings before interest, tax and amortisation in full-year 2016.

At 1507 BST, TUI shares were up 3.5% to 1,035p.

timberrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Tui Group's revenues shrank in the third quarter but the travel group was still confident of hitting its full year targets and said it was pleased with the start to early trading for the winter season and Summer 2017. Turnover of €4.6bn in the three months to 30 June was down 5.7% on the same period, and short of analysts expectations, while earnings before interest, tax, depreciation and amortisation rose 1.1% to €180m.

StockMarketWire.com
TUI AG has reiterated its guidance of at least 10% growth in group underlying EBITA for 2016/17.

Chief Executive Friedrich Joussen said the Winter 2016/17 was closing out as expected, with a good performance by Hotels & Resorts, Cruise and growth in Source Market revenues, increasingly booked via direct and online channels.

"Overall, Summer 2017 remains in line with our expectations, with almost half of the Source Markets' programme sold, further openings scheduled in our Group hotel brands, and cruise ship launches in both TUI Cruises and the UK," said Joussen.

He added that TUI was progressing its transformation as an integrated tourism business focused on own hotel and cruise brands, financed by strong cash flows and proceeds from the disposals of Hotelbeds Group and Travelopia, creating a more competitive and less seasonal business for the long term.

"Whilst the impact of macroeconomic and geopolitical challenges is evident in certain source markets and destinations, our balanced portfolio of markets and destinations, our focus on growth in own hotel and cruise brands and our strong balance sheet put us in a robust position," Joussen said.

"We therefore reiterate our guidance of at least 10% growth in Group underlying EBITA in 2016/17."

TUI said total revenue was up 9% across its source markets, with rises in Northern Region (11% up), Central Region (7%) and Western Region (6%). Overall, customer numbers rose 5%.

While there were rises in the majority of underlying countries in these regions, the Nordics saw a single-digit drop off in each of revenue and customer numbers.

08:10 14/08/2017
Broker Forecast - Credit Suisse issues a broker note on TUI AG
Credit Suisse today upgrades its investment rating on TUI AG (LON:TUI) to neutral (from underperform) and raised its price target to 1300p (from 1100p). Story provided by StockMarketWire.com

13:40 05/09/2017
Broker Forecast - Barclays Capital issues a broker note on TUI AG
Barclays Capital today reaffirms its overweight investment rating on TUI AG (LON:TUI) and raised its price target to 1480p (from 1270p). Story provided by StockMarketWire.com

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