TUI AG (OTCPK:TUIFF)

$ 9.13 0.03 (0.33%) Market Cap: 4.58 Bil Enterprise Value: 4.79 Bil PE Ratio: 8.15 PB Ratio: 10.58 GF Score: 70/100

Q3 2022 TUI AG Earnings Call Transcript

Aug 10, 2022 / 08:00AM GMT

Release Date Price: $12.71

Transcript

Operator

Good morning, ladies and gentlemen, and welcome to the TUI AG conference call regarding the Q3 results. (Operator Instructions)

Let me now turn the floor over to your host, Friedrich Joussen.

Friedrich Joussen

TUI AG - Chairman of Executive Board & CEO

Good morning, everybody. I'm sitting here with Sebastian and Mathias and we are doing a joint act together today coming to Q3 results. It has been a long journey for me. It has been 10 years. I will just do the opening statement and then I hand over for everything concrete to actually the new management and new leadership in the company. It has been a long journey for me 10 years. And it was great. At the same time, I decided to step down and actually move on end of September, and it has been 2 reasons for me to do that and decided freely that actually I will go.

And as much as I had fun over the 10 years average and comes to end, and now is the right time. The first reason is the company is out of the crisis. We actually have delivered, and you will see that the numbers in almost

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