Strong Revenue Growth
The company delivered €3.7 billion of revenue, an increase of 1.5% compared to last year, despite the Easter shift from March to April. Holiday experience remained on track with strong demand for unique and differentiated products.
Positive Outlook for Dynamic Packaging
The company has seen significant growth in dynamic packaging, especially in the UK market, driven by strategic partnerships with airlines like Ryanair. Dynamic packaging is expected to grow significantly, with more airlines and direct hotel connections being added.
Cruise Segment Performance
Cruise operations showed strong performance, with a 23% increase in capacity and a 2% increase in daily rates. The occupancy levels remained high, indicating strong demand.
Successful Capital Markets Day and Strategic Initiatives
The company received positive feedback during its Capital Markets Day and has made significant progress in its strategy to create a global curated leisure marketplace. They are also focusing on cash flow improvements and shareholder return strategies.
Technology and App Development
The TUI app has seen a 40% increase in usage in the UK and is releasing new features every month, greatly enhancing customer experience and operational efficiency.