The travel group closes the financial year with strong sales and profit growth, reduces debt and announces the first dividend payment since the pandemic.
After years of crisis, TUI presents a historic signal: for the first time since the pandemic, shareholders are to receive a dividend again. The travel group closed the past financial year with a strong jump in profits and is holding out the prospect of a distribution of 0.10 euros per share for February 2026.
The most important facts:
- Adjusted EBIT climbs by 12.6 percent to 1.46 billion euros
- Turnover reaches record level of 24.2 billion euros
- Net debt reduced by 20 percent to 1.3 billion euros
- Government aid repaid in full
Recovery exceeds expectations
The figures for the 2025 financial year (reporting date September 30) clearly exceed forecasts. While turnover increased by 4.4% to 24.2 billion euros, profitability developed disproportionately. The operating result rose to 1.46 billion euros - an increase of over 12%.
The main drivers of this development were the hotel and cruise segments under the "Holiday Experiences" umbrella. The cruise segment in particular recorded strong demand and noticeably improved margins. The Hanover-based company is thus demonstrating that the operational turnaround has not only been announced, but has actually been achieved.
Balance sheet significantly strengthened
Parallel to the improvement in earnings, TUI has massively reduced its debt. Net debt fell by around 20 percent to 1.3 billion euros. The ratio of net debt to underlying EBIT is now 0.6 - close to the medium-term target of less than 1.0. CFO Mathias Kiep describes this as a milestone.
The repayment of government coronavirus aid has been completed. The Group is now standing on its own two feet again and can realign its strategy.
Outlook confirms course
For the current financial year 2026, TUI expects revenue growth of 2 to 4 percent. Underlying EBIT is expected to increase by 7 to 10 percent. The booking situation for winter and summer supports this forecast. Analysts, including Deutsche Bank, confirm buy recommendations with price targets in the range of 11.00 euros.
The announced dividend policy envisages distributing 10 to 20 percent of adjusted earnings in future. With the payment of 0.10 euros planned for February, TUI is returning to financial normality. After crisis mode and restructuring, the Group is now delivering the promised results.
https://www.boerse-express.com/news/articles/tui-aktie-dividende-zurueck-850580
