after a five-year hiatus stemming from the COVID-19 pandemic,EuropeS largest travel operator,TUI Group,is set to resume dividend payments to shareholders. The MDax-listed company reported a ample increase in profits for its fiscal year ending September 30th, fueled by a surge in cruise bookings and overall revenue growth to €24.2 billion[[2]]. TUI will distribute €0.10 per share for the previous fiscal year, signaling a strong recovery for the travel giant and a return to rewarding investors.
TUI Group announced today it will reinstate dividend payments to shareholders for the first time since the COVID-19 pandemic brought the travel industry to a near standstill. The company, listed on the MDax, reported a significant surge in profits for the fiscal year ending September 30th and will distribute €0.10 per share.
TUI’s revenue increased by over 4% to €24.2 billion in the 2024/25 fiscal year, as previously announced in November. Net profit attributable to shareholders reached approximately €636 million, representing a gain of more than 25% year-over-year.
Cruises performed particularly well, driving much of the company’s recovery.
The company achieved a record €1.46 billion in earnings, fueled by nearly 35 million customers – a 5% increase – in the fiscal year ended September 30th. TUI had previously announced a 12.6% increase in operating profit a month ago, exceeding its own forecast despite moderate revenue growth to €24 billion. The return to profitability signals a strong recovery for the travel giant.
Sebastian Ebel, 62, is the CEO of TUI.
A surge in cruise bookings, alongside increased hotel profitability, offset a decline in the company’s tour operating business, which was partially attributed to heightened competition and cautious consumer spending in its home market of Germany. “Our goal is clear: we want to grow globally with our own, differentiated products and thus become independent of the challenging European market environment,” explained TUI CEO Sebastian Ebel. He added that all segments should become more profitable and efficient.
► TUI plans to distribute 10-20% of adjusted net profit per share as a dividend starting in the 2026 fiscal year. For the past fiscal year, the company is offering a dividend payment, marking the first such distribution since the onset of the coronavirus crisis five years ago.
