(Il Sole 24 Ore Radiocor) - Milano, 10 feb - German travel group TUI said it would resume paying dividends, starting with 0.10 euros per share for the 2025 fiscal year and a payout of 10-20% of underlying earnings per share from fiscal 2026.

The group had suspended dividend payments in 2020.

The group said it would balance shareholder returns with maintaining operational flexibility for disciplined growthinves tment and continued deleveraging.

The announcement comes after the tour operator said that in the first quarter to December 31 its group revenue rose 1.3% i constant currencies to 4.9 billion euros reflecting strong demand. Underlying EBIT rose to 77.1 million euros fro 50.9 million with growth to 214 million euros in Holiday Experiences from 196 million ad a narrower loss of 115 million euros in Markets and Airline from a loss of 125 million a year ago.

In Holiday Experiences, on a reported basis, available bed nights (capacity) decreased 5% to 8.6 million for the quarter, as new owned and leased hotel capacity was offset by temporary hotel closures for renovation and hurricane-related closures in Jamaica.

Occupancy rates improved by 1 percentage points to 81%, particularly in the Cape Verde, Turkeym and Egypt properties.

Average daily rate declined 2% to 92 euros.

In Markets + Airline, revenue fell 1% to 4.131 billion euros due to currency effects but were flat at constant exchanges, reflecting improved pricing offset by lower risk capacity.

Customer volumes were down 1.6% at 3.667 million units.

TUI confirmed its full year guidance of a 2-4% revenue increase and a 7-10% rise in underlying EBIT driven by expectations for Summer 2026.

For the mid-term, TUI aims to generate 7-10% compound annual underlying EBIT growth at constant currencies with a net.

leverage below 0.5x.

(RADIOCOR) 10-02-26 08:18:49 (0189) 5 NNNN