started · updated
TUI Group narrows profit forecast amid geopolitical uncertainty
TUI Group has narrowed its adjusted EBIT forecast for the 2025/26 fiscal year to between 1.2 billion and 1.3 billion euros, down from a previous range of 1.1 billion to 1.4 billion euros. This adjustment follows a period of geopolitical and economic uncertainty, specifically citing the impact of the conflict in Iran on business operations and travel routes.
The company reported that the summer season saw a 5% decline in booked package tour revenue compared to the previous year, though booking momentum improved in the final four weeks of the season. A persistent trend toward last-minute bookings continues to affect profit margins as customers delay travel decisions due to economic and geopolitical instability.
Looking ahead to the 2026/27 winter season, booked revenue is currently 7% below the previous year, though recent momentum shows a slight recovery. TUI is managing capacity cautiously to maintain flexibility. Despite these challenges, the company noted robust average selling prices and growth in its hotel and cruise segments, with hotel bed capacity increasing in certain quarters.
Entities
EcoGraf Limited · Epanko Graphite Project · European Investment Bank · Iran · JPMorgan · Sebastian Ebel · TUI AG · TUI Cruises · TUI Group · TUI fly
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The funds will be used for independent technical, environmental, social (E&S), and market studies for the Epanko graphite project.
- [● 3 SOURCES] The EIB grant provides up to €2 million (approximately AUD 3.2 million).
- [● 3 SOURCES] EcoGraf Limited has commenced work under a technical assistance grant from the European Investment Bank (EIB).
- [● 3 SOURCES] The studies will evaluate scalable development options exceeding the initial Epanko stage of 1–73,000 tonnes per year.