TUI shares have been one of the biggest stock market losers in recent years. But now there are definitely signs of a sustainable trend reversal. The share is now also included in the portfolio of Value Stars.
A column by Holger Steffen, investment expert and advisor for the Value Stars Germany Index.
The latest figures from TUI made people sit up and take notice. After a long-lasting crisis, the tour operator, whose battered shares had collapsed by over 90% in the last five years, not only achieved record sales of 4.3 billion euros (+15%) in the first quarter of 2024, but – which is unusual for the season – report a positive EBIT of 6 million euros. And the board was also optimistic and expected for the year as a whole due to the very good booking situation (+8% compared to the previous year). […]
