Tour operator TUI Travel Plc (TT.L) said, in its pre-close trading update, that it is confident that its strategy is driving performance and it continues to expect to be towards the top end of its roadmap guidance of 7 to 10% underlying operating profit growth for the 2013 financial year.
Prior to entering its close period ahead of reporting its Interim results for the six months ending 31 March 2013 on 10 May 2013, the company has provided update on current trading.
The company said winter 2012/13 programme ending strongly with improved margins and average selling prices across key source markets, very strong trading momentum continuing into Summer 2013. The company reported that UK and Nordic bookings up 9%, with higher margins.
The company said it continue to execute on its strategy.
Accommodation Wholesaler up by 10% for Summer 2013, driven by Latin America and Asia where TTV is up by 19%.
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