Tui Ag · XETR:TUI1

Tui — Shareholder Meeting (2016)

23 slides from Tui's shareholder meeting presentation, Aug 18, 2016

  1. Slide 1: TUI Group Annual General Meeting 2016

    TUI GROUP Annual General Meeting 2016 Friedrich Joussen – CEO

  2. Slide 2: The world around us: What has changed?

    The world around us: What has changed? Tunisia Egypt International arrivals p.a.1) 6.3m International arrivals p.a.1) 7.2m Travel warnings: UK, Netherlands, Belgium Travel warnings: All major source markets Proportion of TUI programme 3% Proportion of TUI programme 3% Number of TUI Hotels / of which

  3. Slide 3: The world's number one tourism group

    TUI GROUP The world’s number one tourism group • Europe’s best-known tourism brand • > 30 million customers Integrated platforms • Leading online tour operator and > 1,800 travel shops • > 140 aircraft Integrated • 310 hotels with approx. 214,000 beds management • 13 cruise ships • 76,000 employees

  4. Slide 4: Earnings targets exceeded in financial year 2014/15

    Earnings targets exceeded in financial year 2014/15 Y-o-y var. (incl. FX effects) Brand turnover: €22.6bn* +11% // +7% ** Target 2-4%** Turnover: €20.0bn* +8% // +4% ** Target 10- 15%** EBITA (underlying): €1,069m* +23% // +15% ** EBITA: 865 Mio. € * +11% Ergebnis fortzuführende +40% Geschäftsbereic

  5. Slide 5: Brand turnover grown considerably to €22.6bn

    Brand turnover grown considerably to €22.6bn Brand turnover TUI Group (in €bn on a constant currency basis) +7% TUI Cruises Sunwing Group turnover +4% on a constant currency basis 2013/14 2014/15 5 TUI AG | Annual General Meeting 2016

  6. Slide 6: Earnings targets exceeded in financial year 2014/15

    Earnings targets exceeded in financial year 2014/15 Y-o-y var. (incl. FX translation effects) Markenumsatz: 22,6 Mrd. €* +11% // +7% ** Ziel 2-4%** Umsatz: 20,0 Mrd. €* +8% // +4% ** Ziel 10-15%** EBITA (bereinigt): 1.069 Mio. €* +23% // +15% ** EBITA: €865m* +11% Result from continuing operations:

  7. Slide 7: Attractive dividend policy

    Attractive dividend policy Earnings per Dividend (in €) share (in €)* €0.23 €0.48 0.56 0.77 0.33 0.29 .0,15 .-0,14 2012/13 2013/14 2014/15 2012/13 2013/14 2014/15 Proposed dividend of 56 cents reflects strong earnings growth * Continuing operations 7 TUI AG | Annual General Meeting 2016

  8. Slide 8: Gratifying development of TUI share price

    Gratifying development of TUI share price 300% 260% 220% +202% 180% 140% 100% +72% 60% 20% +4% -20% Jul. 12 Okt. 12 Jan. 13 Apr. 13 Jul. 13 Okt. 13 Jan. 14 Apr. 14 Jul. 14 Okt. 14 Jan. 15 Apr. 15 Jul. 15 Okt. 15 Feb. 16 Jan. 16 8 TUI AG | Hauptversammlung 2016

  9. Slide 9: Source Markets: Strong performance in Northern Region

    Source Markets Strong performance in Northern Region Turnover and earnings (in €m) Successful rebranding in the Netherlands 70% 60% Brand awareness Source: Google 50% 45% 40% 33% 30% 33% 31% 20% EBITA (underlying in €m) 10% 2% 12% 703 0% 84 60 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 64

  10. Slide 10: Hotels & Resorts: Riu and Robinson continue to grow

    Hotels & Resorts Riu and Robinson continue to grow Turnover and earnings (in €m) Strong development of ROIC EBITA (underlying in €m) 12 -53 235 68 5 203 13/14 Other FX 14/15 translation 10 TUI AG | Annual General Meeting 2016

  11. Slide 11: Cruises: Strong earnings growth at TUI Cruises

    Cruises Strong earnings growth at TUI Cruises Turnover and earnings (in €m) EBITA (underlying in €m) 81 342) 10 37 13/14 14/15 1) Brand turnover incl. TUI Cruises turnover 2) incl. benefit from acquisition/financing of Europa 2 11 TUI AG | Annual General Meeting 2016

  12. Slide 12: Cruises: Operating KPIs FY 2014/15

    Cruises Operating KPIs FY 2014/15 Passenger days Rate / day Occupancy Underlying EBITA/EAT y-o-y (%) (´000) y-o-y (%) (€) y-o-y (points)) (%) y-o-y (€m) (€m) 59 2,678 1 173 0 102.7 37 68* -13 348 19 536 8 76.2 34 13 Growth driven by TUI Cruises; Hapag-Lloyd Kreuzfarten completes turnaround * At equi

  13. Slide 13: Specialist Travel: Further growth at Hotelbeds Group

    Specialist Travel Further growth at Hotelbeds Group Turnover and earnings (in €m) EBITA (underlying in €m) 147 173 12 3 11 13/14 Hotelbeds Specialist FX 14/15 Group Group translation 13 TUI AG | Annual General Meeting 2016

  14. Slide 14: Growth despite geopolitical challenges: investment in Spain and Caribbean

    Growth despite geopolitical challenges: Investment to expand our offerings in Spain and the Caribbean Balearics Turkey 1.9m guests 1.9m guests 49 hotels / 23 thousand 26 hotels / 27 thousand beds beds Caribbean 1.6m guests 1) 38 hotels / 40 thousand beds Canaries 2.5m guests 30 hotels / 21 thousand

  15. Slide 15: Turnaround France

    Turnaround France Guests in relevant destinations (m) -59% -77% 283 +1,482% • Initial success overshadowed by difficult period in +6% -56% 233 North Africa 174 160 • Launch of TUI brand 125 118 115 70 54 11 • Programme remixed to include significantly higher number of alternative destinations Spain

  16. Slide 16: Turnaround Germany

    Turnaround Germany Market development (€bn) 1) +4.7% CAGR 11,7 12,8 13,5 13,8 14,1 • Regaining market share and increasing profitability • Strengthening distribution and marketing 2011 2012 2013 2014 2015 • Attractive market as turnover per customer is high Market share TUI D (%) 1) -3.4% CAGR 23,8

  17. Slide 17: Cruises Strategy

    Cruises Strategy Cruises penetration rate 2014 • German-speaking market is attractive for Cruises 3,4 2,4 2,2 (penetration, age, wealth, time available) North UK Germany • Distribution strength and planned fleet America modernisation at Thomson Cruises in the UK Market (m passengers) • Expansion of

  18. Slide 18: Disposal process for Hotelbeds Group initiated

    Disposal process for Hotelbeds Group initiated Around 70 thousand • Hotelbeds Group is a global provider of travel hotels services in more than 180 countries • Global no. 1 among bedbanks • 20% turnover growth1) over the past few years • Hardly any synergies between Hotelbeds Group and Tourism More

  19. Slide 19: Hapag-Lloyd AG

    Hapag-Lloyd AG • IPO of Hapag-Lloyd AG in November 2015 • Current stock price is [17.30] euros per share* Successful IPO of Hapag-Lloyd is crucial step for exit by TUI * Closing price on ___ 19 TUI AG | Annual General Meeting 2016

  20. Slide 20: Good start to Q1 2015/16

    Good start to Q1 2015/16 Y-o-y var. (incl. FX effects) Brand turnover: €4.4bn +7% Turnover: €3.7bn +5% EBITA (underlying): €-102m* +3% +3% EBITA: €-138m * * Continuing operations 20 TUI AG | Annual General Meeting 2016

  21. Slide 21: Our targets for financial year 2015/16

    Our targets for financial year 2015/16 Actual FY 2014/15 Growth target FY 2015/16 (on a constant currency basis) Brand turnover: €22.6bn min. +5% Turnover: €20.0bn min. +3% EBITA (underlying): €1.1bn* min. +10% * Continuing operations 21 TUI AG | Annual General Meeting 2016

  22. Slide 22: What matters most are people!

    What matters most are people! 22 TUI AG | Annual General Meeting 2016

  23. Slide 23: TUI Group Annual General Meeting 2016

    TUI GROUP Annual General Meeting 2016

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