TUI AG (XTER:TUI1)
€ 6.762 -0.106 (-1.54%) Market Cap: 3.43 Bil Enterprise Value: 4.45 Bil PE Ratio: 6.72 PB Ratio: 8.45 GF Score: 71/100
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Q3 2023 TUI AG Earnings Call Transcript

Aug 09, 2023 / 08:00AM GMT
Release Date Price: €6.47 (-3.89%)
Operator

Good morning, ladies and gentlemen, and welcome to the TUI AG conference call regarding the Q3 results for the financial year 2023. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Sebastian Ebel, Mathias Kiep.

Sebastian Ebel
TUI AG - Group CEO & Chairman of Executive Board

Thank you. A warm welcome from sunny Hanover, we want to present today the Q3 numbers, and I will summarize the operational and strategic highlights of the season. Mathias will go into the detailed numbers, then we will talk about the trading update and assumptions for the full year and a summary from my side, and then we will move into the Q&A session. If we look into the third quarter, April to June, we are back to profitability, and we are on track to deliver on the full year '23 expectations. That is the good message. What is even a better message is that all the measures we have taken will help us and to improve the situation further in the coming year. But in the third quarter, we had EUR 5.5 million customers,

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