• TUI confident for FY

TUI reported a pre-tax loss of GBP369m in the six months to 31 March, down 5% from the GBP352m loss reported in the same period last year.

Revenues were down 4% to GBP5.19bn in what is traditionally a loss-making period. The company said it was confident of achieving 7% to 10% growth in underlying profit for the full year.

Read the full story here: http://www.tuitravelplc.com/content/interim-results-statement#.U3JbIi-HabM

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