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Tour operator Tui Travel reports profit

5 December 2011 Last updated at 08:16 GMT

Europe's largest tour operator, Tui Travel, has reported an 18% rise in full-year profit ahead of expectations.

Tui, the owner of brands like Thomson and First Choice, has benefited from the sale of holidays to resorts it exclusively operates and an upturn in bookings online.

Brian Milligan reports.