TUI stock drops as summer bookings slip, muting record Q1 profit boost
TUI shares fell 3.5% to 9.02 euros in Frankfurt after the company reported slightly weaker booked revenue for summer 2026, despite its best first-quarter underlying EBIT since 2014. Booked revenue was down 2% for summer and 1% for winter 2025/26. TUI reaffirmed its full-year guidance and reported net debt improved to 3.6 billion euros. Investors focused on late-booking trends and profit delivery for the peak season.