Sunshine at Thomson Holidays, unlike rival Thomas Cook
Underlying operating profit for the year to the end of September rose 4 per cent to £612m, or 11 per cent on a constant currency basis, with revenues 3 per cent lower at £14.6bn mainly due to exchange rate movements.
TUI said it was pleased with progress so far over the winter and said a strong start to summer 2015 had continued the momentum.
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Hide AdInvestors cheered the figures, pushing shares up 4 per cent.
They come as the company, which also owns First Choice, prepares to complete a merger with its German parent company TUI AG, creating a firm which serves 30m customers, and owns 230 hotels and seven cruise ships.
Chief executive Peter Long said the results showed the resilience of the business “in what has been a competitive trading environment for many tour operators and airlines” and that the merger would strengthen the combined group.