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TUI cuts profit outlook as Iran war continues

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TUI cuts profit outlook as Iran war continues

Tour operator TUI has cut its full-year underlying profit guidance amid the ongoing conflict in the Middle East. The company now expects underlying EBIT to be between €1.1bn to €1.4bn. Previous guidance had estimated a 7-10% increase on its €1.4bn underlying EBIT the previous year. TUI also ...

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