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TUI's board approves corporate planning
Friday, January 25, 2008
At its meeting on Wednesday 23 January, TUI AG’s Supervisory Board approved the Group’s corporate planning and also approved the Executive Board’s proposal that, for the 2007 financial year, a dividend payment of 25 cents per share be put to the Annual General Meeting. Earlier in the Supervisory Board meeting, the Executive Board confirmed that results for the 2007 business year meet management expectations.
For the Tourism division, the Executive Board is expecting continual growth in the years up to 2010. Among the factors influencing earnings in Tourism are the expected synergies. Other planned stages for the Tourism business are to be presented by the management of TUI Travel PLC on 29 January.
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