The company, which was formed a year ago from the merger of Tui Travel and Tui AG, posted a pre-tax profit €535 million up from €499 million. Turnover rose by 8% to €20 billion.
Using Tui Group’s preferred "underlying" metric, earnings before interest, taxes, and amortisation rose 23% to €1.1 billion.
The improvement came despite the tragic events in Tunisia earlier this year, which saw 33 of the company’s customers killed on a beach. Tui said the impact would be around €52 million.
Chief executives of Tui Group, Friedrich Joussen and Peter Long, said: "We are pleased to announce a strong set of results in the first year following the merger. We have outperformed our earnings guidance, delivering 15.4% growth in underlying Ebita in the full year.
"This was driven by a particularly good performance in Northern Region, Hotels & Resorts and Cruises, despite the tragic events in Tunisia and other geopolitical challenges earlier in the year.
"This demonstrates the resilience of our integrated business model. The integration of our two businesses is on track and already delivering results."
Tui also said that it is undertaking a strategic review of its Hotelbeds Group, which could see the division sold.
The company sold LateRooms to Cox & Kings for £8.5 million in October.
Tui Group was created just under a year ago through the merger of Tui Travel and its parent Tui AG.
The company’s UK airline Thomson Airways is one of a number of carriers currently banned from flying to the Egyptian resort of Sharm el Sheikh by the Foreign Office.
The decision follows the suspected bombing of a Russia charter aircraft, which caused the death of 224 people.
The carrier has cancelled flights until at least Thursday January 14.
Tui Group is currently partway though a company-wide rebrand which will see individual country names replaced with Tui. Dutch brand Arke has already had its name. Thomson in the UK is likely to be one of the last to go.
