Travel giant TUI smashes earnings expectations as investors decide on London exit

Travel giant TUI smashes earnings expectations as investors decide on London exit

Travel giant TUI smashes earnings expectations as investors decide on London exit - The group's fiscal first-quarter revenue came in at a record 4.3 billion euros, up by 15% from the previous year, driven by higher demand at increased prices and rates. - "In a persistently challenging environment, people's high willingness to travel ensures strong economic development in all areas of the Group," CEO Sebastian Ebel said. German travel giant TUI on Tuesday posted a quarterly profit of 6 million …