May 13, 2020 / 08:00AM GMT
Operator
Good morning, ladies and gentlemen, and welcome to the TUI AG Conference Call COVID-19 Update and FY '20 H1 Results. (Operator Instructions)
Let me now turn the floor over to your host, Friedrich Joussen and Birgit Conix.
Friedrich Joussen - TUI AG - Chairman of Executive Board & CEO
So thank you very much. Good morning, everybody. I hope you are well and healthy. This is important in these times. Thank you very much for joining in the Q1 -- Q2 results call, and I'm not a 100% sure that I understand who turns the pages. Are we turning the pages? Okay. Good. So we will be actually now turning to Page #4, please.
Undoubtedly, COVID-19 is the greatest crisis for tourism and TUI which has ever happened. And we were just in Q1 in full steam ahead. As you know, we -- in January was the best booking month in the year, up 14%, customers; 17% revenues for summer bookings. And then suddenly, mid-end March, stop, no revenue. I mean, this is unprecedented. And I think no revenue until today, it's an interesting experience also for myself to run a
Half Year 2020 Tui AG Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot