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TUI reiterates 2013 outlook, beats expectations
February 13, 2013 / 6:41 AM / in 5 years

TUI reiterates 2013 outlook, beats expectations

FRANKFURT, Feb 13 (Reuters) - German travel and tourism group TUI AG reiterated its earnings expectations for this year and reported first quarter results that beat expectations.

The group, which holds a 56 percent stake in Europe’s largest tour operator TUI Travel, reported an underlying first quarter loss before interest, taxes and amortizations of 141.5 million euros ($191 million).

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