TUI says Brexit to hit profit, not travel patterns

BERLIN (Reuters) - European travel group TUI , which makes about a third of its turnover in Britain, expects a dent to its profits because of the fall in the pound after Britain's decision to leave the European Union but does not see a big change in travel habits.

TUI Chief Financial Officer Horst Baier told Germany's Boersen Zeitung that the company had hedged against currency volatility and the oil price for the 2016/17 financial year.