TUI AG (OTCPK:TUIFF)

$ 8.11 0 (0%) Market Cap: 4.18 Bil Enterprise Value: 4.25 Bil PE Ratio: 7.27 PB Ratio: 9.22 GF Score: 72/100

Q1 2021 Tui AG Earnings Call Transcript

Feb 09, 2021 / 09:00AM GMT

Release Date Price: $34.3 (-4.68%)

Transcript

Operator

Hello, and welcome to the TUI Group Full Year '21 Q1 Results Call. (Operator Instructions)

I will now hand you over to your host, Friedrich Joussen, to begin today's conference. Thank you.

Friedrich Joussen

TUI AG - Chairman of Executive Board & CEO

Thank you very much, operator, and good morning, everybody. This is a very special day because it's snowing in Germany and I think in a lot of other places in Europe. And it's the first time that actually we don't sit at all together, I sit in DÃ¼sseldorf and Sebastian in Braunschweig, and the Investor Relations team with Nicola and Mathias and -- sit in Hanover and probably in London. So you have a team sitting everywhere around. And hopefully, we still can do a good presentation, and therefore we are now -- I have to announce a little bit the slides I'm focusing on in my presentation.

And maybe I could go to Page #4 of my presentation and my opening comments. The quarter has been a successful quarter in one respect. We secured the support package of EUR 1.8 billion, and I will focus on that

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