Saturday, June 8, 2019
TUI Travel International Money and Finance Essay
TUI Travel International Money and Finance - Essay ExampleTUI Travel PLC is a leisure travel society that is leading in the world. The company operates in around 180 countries and has around 31 one million million million customers of its services that reflect the companys executions in 31 study market areas across the world (TUI Travel PLC, 2012). The company offers the best available holiday tours and services for its customers that include cheer and beach, activities and adventures, luxuries, excursions and transfers, accommodations, oceans and rivers, and responsible travels (What we do, 2012).TUI Travel PLC being one of the leading companies in leisure travel services, its operations is spread across 180 countries that include 31 of the major market areas. The major source markets of the company include UK, Sweden, Germany, France, Belgium, the Netherlands, Austria, Poland, Switzerland and Canada. TUI Travels core markets account for 388bn of global travel spend with the th ree largest markets being Germany, France and the UK (Market Overview, 2012). The performance of the company has been in line with the companys strategies and the company has reflected development in its business operations with the turnover of the company increased by 5 percent that accounts to around 3.5 billion Euros as recorded in the first quarter of the FY2012. The previous year results for the company had recorded 3.3 billion Euros. This growth is primarily attributable to a higher proportion of differentiated product sales (Hanover, 2012). (Hanover, 2012). The major competitors for TUI include Kuoni Travel Holding Ltd,. Thomas Cook Group plc, and Travelport Limited. The turn over industries for the company are travel agencies and services, transportation services sector, and business services sector (TUI Travel PLC Competition, 2012). Financial Trends of TUI Travel PLC in Last Five eld TimeThe financial trends of the company reflect improvement in the performances of the c ompany with the gross margin being recorded at 8.86 percent improving from revenue of 13.51 billion in the year 2007 to 14.69 billion in 2011. The net income recorded an improvement from a loss of 123.00 in 2007 to 89.00 million in 2011. The net addition margin of the company is 0.43 percent and the operating margin is at 0.97 percent. Increases have also been reflected over the years in the dividends per share and earnings per share of the company. date the dividends per share increased by 2.73 percent on an average over the last five years, the earnings per share reflected an increase of 171.65 percent year on year. This is a remarkable achievement for the company since not many companies in the industry are known to pay dividends (ft.com/marketsdata TUI Travel PLC, 2012).As far as the cash flow of the company is concerned, records reflect a fall in the cash reserves of TUI in 2011 by 402.00 million. However, on the other hand, TUI gained from its operations 613.00 million that reflects a cash flow margin of 4.17 percent. It is also of the record that the company has utilized
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