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

Half Year 2022 TUI AG Earnings Call Transcript

May 11, 2022 / 09:30AM GMT

Release Date Price: $20.45

Transcript

Operator

Good morning, ladies and gentlemen, and welcome to the TUI AG conference call regarding the FY 2022 Q2, H1 results. (Operator Instructions)

Let me now turn the floor over to your host, Mr. Friedrich Joussen and Mr. Sebastian Ebel. Thank you.

Friedrich Joussen

TUI AG - Chairman of Executive Board & CEO

So thank you. I hope I can still do these presentations in-person. So this is a long time since we met. And it's great to be back. So I have also talked to some of you before. And not only we are happy that we can do these roadshows again, but also we are happy that the business is back again. We have always assumed that it would come back, but you only are certain when you really see it.

Now Q2 has been strong, and we will be talking about Q2. But even more important is what now happens in summer. As you know, you can lose a year in winter, but you cannot win it in winter. You can lose it in winter. We have not lost it in winter, but the summer bookings are in a way so important for us because all profitabilities in the last quarter, as

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