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TUI AG Shares Jump on Swing to Profit, Record Revenue

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Photo: Leonhard Foeger/REUTERS

TUI AG shares jumped as much as 7.6% in early trade after the company reported a swing to net profit for fiscal 2023 on record revenue and said that it expects revenue for the year ahead to grow at least 10%.

Shares at 0806 GMT were up 32.0 pence, or 6.25%, at 544.0 pence, having peaked at 551.54 pence shortly after market open.

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