Fritz Joussen, CEO of FTSE 100-listed TUI Group, comments on the decision of the British people for the UK to leave the EU:
The EU without the UK is barely conceivable but we respect the democratic decision of the British people and trust the UK government will take all steps necessary to ensure economic and political stability and to ensure that British holidaymakers will not be affected by the UK´s decision to leave the EU.
TUI Group has highly professional risk management processes which have taken into consideration all possible scenarios. We are well prepared and confident that TUI Group as a truly global company will not be significantly affected by the decision. It remains to be seen how the decision will affect consumer sentiment.