Tui delivers record results in run-up to potential London exit

Shareholders in Europe’s biggest travel operator prepare to vote on LSE delisting in favour of Germany

Tui reported a surprise profit and record revenues in the Christmas quarter, as investors in Europe’s biggest travel operator prepare to vote on plans to delist the company from the London Stock Exchange.

The executive and supervisory board of Tui, which is listed on the FTSE 250 and in Frankfurt, has recommended that shareholders vote in favour of a single listing in Germany at the company’s annual general meeting on Tuesday.