The January 2022 Report to Congress also covered nine months of activity - between February 10, 2021, and October 31, 2021. All other segments takes care of business operations for new markets and central corporate and tourism functions. RT 2023. Through our award winning website, partnerships, and our vast network of institutional & individual investors, AnnualReports.com will expand your reach to the serious investor. 20, is not subject of an auditor's review. FY21 Full-Year Results. These can not be disabled. Tui deploys additional aircraft due to forest fires on Rhodes, Fires on Rhodes rage on - special flights for tourists, TUI extends UK-Rhodes flight cancellations up to Friday, TUI UK CANCELS ALL OUTBOUND FLIGHTS TO RHODES UP TO AND INCLUDIN, Some strikes at UK airport Gatwick cancelled, suspended - union, Tour operators cancel Rhodes trips - special flights to Germany, Jet2 adds more flights to bring Britons back from Rhodes, China stimulus impatience keeps lid on sentiment, Fires on Rhodes rage on - tourists not in danger, Up to "10,000 Britons" on Rhodes as Tui, Jet2 repatriate holidaymakers, Jet2, TUI Cancel Booked Flights to Greek Island Amid Wildfires, Repatriation flights head for Greece as wildfires force tourists to flee, Greek wildfires: Rhodes burns through the night, Ireland's Ryanair Continues Normal Flight Operations on Greek Island Amid Wildfire, Forest fires on Rhodes: Thousands of tourists must be taken care of. You can find further information on the use of cookies at any time in our Cookie Notice and our Privacy policy. The state waives the right to convert the two instruments into TUI shares at 1.00 euro per share until the end of 2023 in order to enable the repayment. These cookies are required to enable you to navigate through the websites and use key functions. Consolidated Statement of Comprehensive Income, Consolidated Statement of Financial Position, Consolidated Statement of Changes in Equity. In the 2022 financial year, around 90 per cent of the cost reduction target will already be reflected in earnings. The Western Region segment comprises tour operators in Belgium, the Netherlands and France. TUI AG: NOTICE OF 2022 ANNUAL REPORT & ACCOUNTS 14-Dec-2022 / 16:28 CET/CEST TUI Annual Report 2018. PepsiCo Positive . TUI AG: NOTICE OF 2023 ANNUAL GENERAL MEETING - Markets Insider You will find the Imprint here. TUI Group is a leading global tourism group and operates worldwide. This Annual Report 2022 of the TUI Group was prepared for the reporting period from 1 October 2021 to 30 September 2022. You will find the Imprint here. Airlines such as Lufthansa, EasyJet and Ryanair RYA.I have all pointed to robust summer bookings, showing consumers prioritising travel spend despite high inflation and an uncertain economic outlook. We use cookies to provide you with an optimized website experience. For customers that means more choice, more per- sonalised options and greater flexibility. This version does not comply with the statutory XHTML/iXBRL format, taking into account the requirements of the European Single Format (ESEF) Regulation. PDF State 404 Program Annual Report July 1, 2021 - June 30, 2022 The tourism group thus made a strong operational start to the new financial year: in the period under review, revenue increased significantly, and the usual seasonal operating loss was nearly halved. 1 We define the EBIT in underlying as earnings before interest, income taxes and result of the measurement of the Group's interest hedges. At the same time, revenue was quintupled compared to the same period of the previous year and reached 2.37 billion euros, up from 468 million euros in the first quarter of 2021. Return of around 0.7 billion euros in state aid Average prices for Winter 2022/23 are currently 8 per cent higher than last year. Latest report and accounts. 2003-2023 AnnualReports.com . The Group is transforming itself into a digital company. The aim now is to implement the measures we agreed on properly and very swiftly. AnnualReports.com is the largest provider of online annual reports to individual and institutional investors worldwide. Markets & Airlines Listen. We use cookies to provide you with an optimized website experience. TUI sees strong summer bookings as travel recovery gains momentum Compared to the average prices before the pandemic the increase is currently 24 per cent. Copyright 2023 Surperformance. The Cruises segment consists of Hapag-Lloyd Cruises, Marella Cruises and the joint venture TUI Cruises. Federal Gazette and, for the first time, also in XHTML/iXBRL format, taking into account the requirements of the European Single Format (ESEF) Regulation. The earnings development is attributable to higher capacities as well as improved utilisation of the fleet, which returned to full operation again. Greece fires: Does travel insurance cover wildfires? The aim is to repay all government loans and credit lines as quickly as possible. All other segments takes care of business operations for new markets and central corporate and tourism functions. The Northern Region achieved an underlying EBIT of -122.0 million euros (previous year: -171.7 million euros) and the underlying EBIT of the Central Region reached -28.3 million euros (previous year: -55.0 million euros). Tui Ag: Notice of 2022 Annual Report & Accounts The aim now is to implement the measures we agreed on properly and very swiftly. This reference, as a cross-reference not provided for by law or by the German Accounting Standards (DRS) No. Annual Reports - Henkel The agreement sets out the terms and conditions for the repayment of Silent Participation I for a nominal amount of 420 million euros and the remaining part of a warrant bond subscribed by WSF for a nominal amount of 59 million euros as well as accrued interest. 783 Views Bunker One has conducted the first bunkering of B30-blend fuel for TUI Cruises Mein Schiff 4, calling Port of Aarhus as part of a voyage beyond the Barents Sea to the islands of Svalbard. Cheapest family holidays for summer 2023 including Portugal and Turkey ", Sebastian Ebel, Chief Executive Officer of TUI AG, CONSOLIDATED FINANCIAL STATEMENTS AND NOTES, The Annual Report of TUI Group and the financial statements of TUI AG are available in German and in English: www.tuigroup.com/en-en/investors/annual-reports. This Annual Report 2022 of the TUI Group was prepared for the reporting period from 1 October 2021 to 30 September 2022. 50 Overall Assessment by the Executive Board and Report on expected Developments, 100 TUI Share (not part of the Management Report), CONSOLIDATED FINANCIAL STATEMENTS AND NOTES. Tui deploys additional aircraft due to forest fires on Rhodes, Fires on Rhodes rage on - special flights for tourists, TUI extends UK-Rhodes flight cancellations up to Friday, TUI UK CANCELS ALL OUTBOUND FLIGHTS TO RHODES UP TO AND INCLUDIN, Some strikes at UK airport Gatwick cancelled, suspended - union, Tour operators cancel Rhodes trips - special flights to Germany, Jet2 adds more flights to bring Britons back from Rhodes, China stimulus impatience keeps lid on sentiment, Fires on Rhodes rage on - tourists not in danger, Up to "10,000 Britons" on Rhodes as Tui, Jet2 repatriate holidaymakers, Jet2, TUI Cancel Booked Flights to Greek Island Amid Wildfires, Repatriation flights head for Greece as wildfires force tourists to flee, Greek wildfires: Rhodes burns through the night, Ireland's Ryanair Continues Normal Flight Operations on Greek Island Amid Wildfire, Forest fires on Rhodes: Thousands of tourists must be taken care of. New products, additional customers and as a result more market share and above average growth are the basis for future increases in revenue and earnings. Capital reduction through share consolidation. Because of . See TUI Group Annual Report 2022 from page 27. As a result, passenger days also rose by almost one third to 2.4 million. Financial strategy & value-based management. 20, is not subject of an auditor's review. The contents bar in the left margin allows you to see where you are in the report (highlighted with blue text) and allows you to move to another area. You will find the Imprint here. Gross Domestic Product, Second Quarter 2023 (Advance Estimate) Due to rounding, some of the figures may not add up precisely to the stated totals, and percentages may not precisely reflect the absolute figures. Almost all areas contributed to the improvement in earnings development. State 404 Program Annual Report, July 1, 2021 - June 30, 2022 Final Report May 10, 2023 | Page 14 of 198 Long-Term Projects DEP reviews long-term projects pursuant to the process described in the State 404 Applicant's Handbook Section 5.3.2-3 and Rule 62-331.051, F.A.C., as detailed and accepted in Florida's 404 assumption package. The Central Region consists of tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland. 2022 ANNUAL REPORT "We used the pandemic to set ourselves up as solidly as possible for the time to come. Upgrade Your Profile and unlock all your annual reports. Today TUI is leaner and more efficient than ever. Greece fires: Does travel insurance cover wildfires? We are working on this relentlessly. The unit's underlying EBIT of -13.0 million euros was on a par with the previous year (-12.7 million euros) due to increased investment in distribution. The Western Region segment comprises tour operators in Belgium, the Netherlands and France. TUI AG annual report 2022 and earlier - Annreports TUI AG View the TUI AG annual report 2022 below. This reference, as a cross-reference not provided for by law or by the German Accounting Standards (DRS) No. Tui Ag: Notice of 2021 Annual Report & Accounts Updated July 27, 2023 6:03 pm ET. Source: TUI Annual Reports for 2020 and 2019. TUI AG has reached its limit for free report views. 12/14/2022 | 10:10am EDT 2022 ANNUAL REPORT "We used the pandemic to set ourselves up as solidly as possible for the time to come. Dissemination of a Regulatory Announcement, transmitted by EQS Group. This company has a Sustainability Report available to view on our partner site, ResponsibilityReports.com. The Central Region consists of tour operators and airlines in Germany and tour operators in Austria, Poland and Switzerland. You can find further information on the use of cookies at any time in our Cookie Notice and our Privacy policy. The last two financial quarters have shown that the Group continues to stabilise. The agreement also allows for a further substantial repayment of KfW's credit lines. Meanwhile, it appears that the crisis barely touched TUI's executives and directors. The following symbols work in a similar way to a website: T H E F O L L O W I N G S Y M B O L S A R E U S E D F O R C R O S S - R E F E R E N C E S : This is a cross-reference provided by law and/or audited by the auditor as part of the audit of the financial statements. It thus supports holiday destinations in their development. These cookies help us to understand how visitors engage with our website. Work-Life-Balance. You will find the Imprint here. They include cookies for the operation and optimization of the website as well as cookies for analyses, retargeting and to provide personalised content on websites by third party providers. To help you navigate through this report, we have created this PDF with links throughout. TUI will be their partner for holidays, leisure and experiences - not only when they are travelling, but in their home countries too. Results. Read More This report was published on 14 December 2022. 2023 is a year of transformation in which we will implement this consistently. In the Holiday Experiences segment, Hotels & Resorts recorded an increase in underlying EBIT of 17.7 per cent to 71.9 million euros in the period from October to December 2022 (previous year: 61.1 million euros) and achieved earnings above the pre-crisis level for the third quarter in a row. 07/27/2023. The time of the pandemic was used to transform TUI. This is an excerpt of the original content. The number of transfers almost tripled to 3.3 million. Distributed by Public, unedited and unaltered, on 14 December 2022 07:05:09 UTC. 2023 First-half results - Kering becomes a significant shareholder of Valentino. We use cookies to provide you with an optimized website experience. 20, is not subject of an auditor's review. The 2023 Hall of Fame Class includes: Guy Busch (men's soccer), Nicole Bush (women's cross country/track & field), Al Dorow (football), Stan Drobac (men's tennis), Rob Ellis (baseball), Nance Lyons Hall (field hockey/softball), David Morgan (wrestling), Emily . Today TUI is leaner and more efficient than ever. U.S. economy grew by annual rate of 2.4 percent in second quarter New products, additional customers and as a result more market share and above average growth are the basis for future increases in revenue and earnings. With fewer people normally travelling in the first three months of the year, the results for TUI's second financial quarter are usually expected to be weaker. TUI shares are listed on the FTSE 250, an index of the London Stock Exchange, on the regulated market of the Hanover Stock Exchange and on the Open Market segment of the Frankfurt Stock Exchange. "We used the pandemic to set ourselves up as solidly as possible for the time to come. This reference, as a cross-reference not provided for by law or by the German Accounting Standards (DRS) No. Tui Motu Community Highlights - Annual Report. Equity divided by balance sheet total in %, variance is given in percentage points. 10 December 2020. Cruise Industry News | Cruise News (1 min) Ford raised its annual pretax-profit guidance to $11 billion to $12 billion. Average prices compared to the previous year are up 2 per cent, on a like-for-like basis prices are even 6 per cent higher1. PDF MHPAEA Comparative Analysis Report to Congress: July 2023 Thanks to the recovery in the tourism business and the consistent implementation of the Group's transformation and realignment, TUI maintains a strong liquidity position even in the winter quarter, which is typically weaker for the industry. Both factors strengthen our expectations: We want to significantly increase our underlying EBIT in the full year 2023. You can find further information on the use of cookies at any time in our Cookie Notice and our Privacy policy. About PepsiCo. TUI, the world's largest holiday company, said today it expected "significantly" higher operating profit in 2023, helped by strong bookings for the summer.
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