Targets to be achieved by the end of financial year 2014/15 – Phase I: Consolidation
The Group is planning to achieve operating results (underlying EBITA) of around 1 billion euros in financial year 2014/15 with the support of oneTUI. TUI’s net cash flow is to grow to around 100 million euros in financial year 2014/15.
In the process, the cash flow contributions of the content business (hotels and cruises), in particular, are to grow significantly. In the future, nearly half of the cash flow to TUI AG is to be generated by the hotel and cruise activities.
TUI Group is fully on track with its oneTUI programme and remains firmly focused on achieving the targets for financial year 2014/15.