German cruise group TUI has posted a big jump in earnings in its financial year.
For the 12 months to 30 September, it logged underlying EBITDA of EUR 255.6m ($300.43m), up from EUR 190.9m in the previous 12 months.
Revenue grew to EUR 815.1m against EUR 703.5m a year ago.
There has been "substantial earnings growth and a significant increase in average rates," it said.
The average rate per passenger per day for TUI Cruises was EUR 173, from EUR 171 in 2016.
The figure for Marella Cruises, the former Thomson Cruises, was £131 ($175) against £121, while Hapag-Lloyd Cruises managed EUR 594 from EUR 579.
