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TUI Travel Posts Narrower Loss

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TUI Travel PLC (OTC: TUIVY) posted a narrower pretax loss in the six months ended March 31.

TUI Travel's pretax loss narrowed to 386.0 million pounds ($651.1 million), versus a year-ago loss of GBP410 million.

Its revenue dropped to GBP5.2 billion from GBP5.4 billion. TUI Travel also lifted its interim dividend by 8% to 4.05 pence.

Posted-In: lossEarnings News

 

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