TUI AG (XTER:TUI1)
€ 7.636 -0.262 (-3.32%) Market Cap: 3.87 Bil Enterprise Value: 4.07 Bil PE Ratio: 7.41 PB Ratio: 9.84 GF Score: 63/100

Full Year 2021 TUI AG Earnings Call Transcript

Dec 08, 2021 / 09:30AM GMT
Release Date Price: €13.76 (+3.67%)
Operator

Good morning, ladies and gentlemen, and welcome to the TUI AG conference call regarding the financial year results in 2021. (Operator Instructions) The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Mr. Friedrich Joussen and Mr. Sebastian Ebel.

Friedrich Joussen
TUI AG - Chairman of Executive Board & CEO

Thank you very much, and good morning, everybody. I'm here in Düsseldorf and the team is in Hannover, and we welcome you for our analyst call. And I may ask that actually we turn the page to Page #4. So when you look at last financial year, we have been actually bringing 5.4 million guests in vacation. The main part of that, and you will see that in the consecutive slides, is 3.8 million of which have been in the Q4 of the year. So in the restarted quarter.

Q4 was almost breakeven. So underlying EBIT was slightly negative if you take accounted or reported EBIT slightly positive. So it's largely breakeven and particularly Hotels & Resorts, Central & Western Regions delivered

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