TUI AG The TUI Group's operating loss adjusted for special items increased by EUR551.9m to EUR698.6m in the first quarter FY 2021.
Key figures of income statement
Q1 2021 Q1 2020 Var. %
adjusted
EBITDAR - 495.2 210.6 n. a.
Operating rental expenses - 2.4 - 20.8 + 88.5
EBITDA - 497.6 189.8 n. a.
Depreciation/amortisation less reversals of depreciation* - 223.3 - 267.7 + 16.6
EBIT - 720.9 - 77.9 - 825.4
Expense from the meaurement of interest hedges 6.6 0.1 n. a.
Net interest expense 102.2 52.0 + 96.5
EBT - 829.7 - 130.1 - 537.7
* on property, plant and equipment, intangible assets, financial and other assets Other segment indicators
Underlying EBITDA
EUR million Q1 2021 Q1 2020 Var. %
Hotels & Resorts - 41.5 83.8 n. a.
Cruises - 83.6 79.0 n. a.
TUI Musement - 26.8 - 2.7 - 892.6
Holiday Experiences - 152.0 160.1 n. a.
Northern Region - 148.2 - 25.6 - 478.9
Central Region - 116.2 6.7 n. a.
Western Region - 39.3 - 17.5 - 124.6
Markets & Airlines - 303.8 - 36.4 - 734.6
All other segments - 24.7 - 12.2 - 102.5
TUI Group - 480.4 111.5 n. a.
EBITDA
EUR million Q1 2021 Q1 2020 Var. %
Hotels & Resorts - 41.6 83.8 n. a.
Cruises - 83.7 79.0 n. a.
TUI Musement - 26.5 - 4.5 - 488.9
Holiday Experiences - 151.8 158.2 n. a.
Northern Region - 151.2 - 26.5 - 470.6
Central Region - 126.3 90.8 n. a.
Western Region - 40.6 - 18.1 - 124.3
Markets & Airlines - 318.1 46.2 n. a.
All other segments - 27.8 - 14.6 - 90.4
TUI Group - 497.6 189.8 n. a.
Employees
31 Dec 2020 31 Dec 2019 Var. %
Hotels & Resorts 9,297 19,433 - 52.2
Cruises* 57 344 - 83.4
TUI Musement 3,362 6,733 - 50.1
Holiday Experiences 12,716 26,510 - 52.0
Northern Region 8,877 11,333 - 21.7
Central Region 8,336 10,130 - 17.7
Western Region 4,795 6,053 - 20.8
Markets & Airlines 22,008 27,516 - 20.0
All other segments 2,357 2,422 - 2.7
Total 37,081 56,448 - 34.3
* Excludes TUI Cruises (JV) employees. Cruises employees are primarily hired by external crew management agencies. Analyst and investor enquiries
Mathias Kiep
Group Director Controlling, Corporate Finance & Investor Relations
Tel.: + 44 1293 645 925 /
+ 49 511 566-1425
Nicola Gehrt
Director, Head of Group Investor Relations
Tel.: + 49 511 566-1435
Contacts for analysts and investor in UK, Ireland and Americas
Hazel Chung
Senior Investor Relations Manager
Tel.: +44 (0)1293 645 823
Contacts for analysts and investor in Continental Europa, Middle East and Asia
Ina Klose
Senior Investor Relations Manager
Tel.: +49 (0)511 566 1318
Jessica Blinne
Junior Investor Relations Manager
Tel.: +49 (0)511 566 1442
TUI AG
Karl-Wiechert-Allee 4
30625 Hanover, Germany
Tel.: + 49 511 566-00
www.tuigroup.com
This Quarterly Statement, the presentation slides and the video webcast for Q1 FY 2021 (published on 9 February 2021) are available at the following link:
www.tuigroup.com/en-en/investors
Financial Calendar
Date
Half-Year Financial Report 2021 12 May 2021
Quarterly Statement Q3 2021 August 2021
Annual Report 2021 December 2021 -----------------------------------------------------------------------------------------------------------------------
ISIN: DE000TUAG000
Category Code: QRF
TIDM: TUI
LEI Code: 529900SL2WSPV293B552
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 93190
EQS News ID: 1166829
End of Announcement EQS News Service
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(END) Dow Jones Newswires
February 09, 2021 02:01 ET (07:01 GMT)
