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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines TUI's revenue falls 58% following Covid-19 restrictions

By BFN News | 07:23 AM | Thursday 10 December, 2020 TUIs revenue for the year ended 30 September fell 58% as a result of Covid-19 restrictions over the summer months, but the travel operator is taking measures to be "stronger, leaner, more digitalised". According to its full year results, adjusted revenue fell from €18.9 billion to €7.9 billion, with an underlying earnings before interest and taxes loss of €3 billion from a profit of €3.9 billion on the previous year. Over the year, ...
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TUI's revenue falls 58% following Covid-19 restrictions | 10 December 2020

10 December 2020 | 07:23am StockMarketWire.com - TUIs revenue for the year ended 30 September fell 58% as a result of Covid-19 restrictions over the summer months, but the travel operator is taking measures to be "stronger, leaner, more digitalised". According to its full year results, adjusted revenue fell from €18.9 billion to €7.9 billion, with an underlying earnings before interest and taxes loss of €3 billion from a profit of €3.9 billion on the previous year. Over the year, custo...
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