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    TUI1   DE000TUAG000

TUI AG

(TUI1)
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TUI : Germany preparing bridging support for tourism sector

10/23/2020 | 02:54am EDT

BERLIN, Oct 23 (Reuters) - Germany plans to increase support for the tourism industry, which has been hit by curbs to tackle a resurgence in the coronavirus, and is preparing an update on bridging aid, Economy Minister Peter Altmaier said on Friday.

"We are determined to expand and increase our aid efforts within the framework of what the European Commission allows us to do," Altmaier told a news conference ahead of an EU meeting of competition ministers.

"We are currently preparing an update of our bridging aid."

(Reporting by Kirsti Knolle and Caroline Copley; editing by Thomas Seythal)


© Reuters 2020
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Financials
Sales 2021 11 563 M 14 063 M 14 063 M
Net income 2021 -1 020 M -1 241 M -1 241 M
Net Debt 2021 5 502 M 6 692 M 6 692 M
P/E ratio 2021 -5,12x
Yield 2021 -
Capitalization 5 683 M 6 907 M 6 912 M
EV / Sales 2021 0,97x
EV / Sales 2022 0,62x
Nbr of Employees 37 081
Free-Float 65,4%
Chart TUI AG
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Technical analysis trends TUI AG
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus SELL
Number of Analysts 11
Average target price 2,53 €
Last Close Price 5,17 €
Spread / Highest target -14,9%
Spread / Average Target -51,0%
Spread / Lowest Target -82,6%
EPS Revisions
Managers and Directors
NameTitle
Friedrich Peter Joussen Chief Executive Officer
Sebastian Ebel Chief Financial Officer
Dieter Zetsche Chairman-Supervisory Board
Frank Rosenberger Chief Information Officer & Head-Future Markets
Hilka Schneider Group Director-Legal, Compliance & Board Office
Sector and Competitors