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Duty-free retailer Dufry, soon to be Avolta, expects... Swiss duty-free retailer Dufry expects turnover to reach 10.81 billion Swiss francs ($11.96 billion) in 2023. The retailer, which plans to change its name to Avolta, has been benefiting from a strong rebound in global travel.
World Biggest Airport Retailer Makes Strategic Investment In Shopping App Duffle Dufry is Duffle's second strategic investor. Dufry’s investment—the exact amount has not been undisclosed. Duffle is looking to expand its into additional airports if these two tests prove successful.
Returns On Capital At Dufry (VTX:DUFN) Have Hit The Brakes Dufry's (VTX:DUFN) ROCE is 7.1%. In absolute terms, that's a low return. It also under-performs the Specialty Retail industry average of 9.4%. Dufry has been investing more capital into the business, but returns on that capital haven't increased. The stock has fallen 65% in the last five years.
Dufry lifts 2023 profitability forecast on expected travel boom Dufry posts forecast-beating results for the first half thanks to a post-pandemic global travel boom. Half-year turnover almost doubled to 5.72 billion Swiss francs ($6.54 billion) Dufry shares rose as much as 5.2% in early trade, and were up 0.6% at 0745 GMT.
Duty-free retailer Dufry nearly doubles H1 turnover to... Dufry nearly doubles H1 turnover to above pre-pandemic levels. Company runs shops at airports, on cruise liners, in seaports, and other tourist locations worldwide.
Duty-free retailer Dufry nearly doubles H1 turnover... Swiss duty-free retailer Dufry nearly doubles H1 turnover thanks to travel boom. Turnover up 96% to 5.72 billion Swiss francs ($6.54 billion) Strong growth in Europe, United States, Asia-Pacific region.
Dufry Expands By More Than 30% In Spain, Despite Losing Airports Dufry is readying hybrid retail and F&B concepts for Spain. Its new Spanish estate now includes 21 airports and 120 outlets covering around 646,000 square feet. The retailer already has fashion and news stores in the country's airports.
Swiss duty free retailer Dufry only bidder to run shops... Dufry offered to pay 185 million euros ($201.67 million) in rents for the retail space in the first year of the contract. Dufry already operates the shops in these two airports.
Swiss duty free retailer Dufry only bidder to run shops at Madrid, Barcelona airports Dufry offered to pay 185 million euros ($201.67 million) in rents for the retail space in the first year of the contract. Aena did not disclose how much Dufry paid in 2022. The Swiss duty free retailer already operates shops in these two airports.
Dufry reaches more than 94% of Autogrill after bid Dufry has secured around 94.3% of Autogrill (AGL.MI) capital at the end of the exchange offer. Paving the way for the delisting of the Italian group. Dufry completed the acquisition of a 50.3%. stake from the Benetton family.
Dufry achieves 87% of Autogrill shares as exchange offer ends Dufry has secured Autogrill shares accounting for around 87% of the Italian company's capital. Borsa Italiana said that according to provisional data, the take-up in the offer for the Italian group reached 74.3%.
Dufry to extend Autogrill offer as inches closer to... Dufry said it aimed to delist Autogrill shares from Euronext Milan. Dufry completed the acquisition of a 50.3% stake from Benetton family holding Edizione.
Dufry sales more than double on travel rebound,... Swiss duty-free retailer Dufry reported a 113.4% jump in its first-quarter turnover. Retailer has been benefiting from a strong rebound in global travel. Turnover in Asia-Pacific region jumped 276.9% in first quarter.
Dufry sales more than double on travel rebound, Autogrill acquisition Swiss duty-free retailer Dufry reported a 113.4% jump in its first-quarter turnover, beating market estimates. The company, which runs shops at airports, on cruise liners, in seaports, and other tourist locations worldwide, posted a turnover of 2.35 billion Swiss francs.
Dufry reports turnover more than doubled in first quarter Swiss duty-free retailer Dufry reported a 113.4% jump in first-quarter turnover. The company runs shops at airports, on cruise liners, in seaports, and other tourist locations worldwide.
Dufry beats sales estimates as global travel rebounds Dufry reported annual turnover of 6.88 billion Swiss francs ($7.40 billion) Q4 Asia-Pacific turnover up 149.3% No dividend proposed for 2022Shares up more than 2% at 1206 GMT.
Dufry annual turnover jumps as international travel... Swiss duty-free retailer Dufry reported 76.1% organic turnover growth. The company runs shops at airports, on cruise liners, in seaports, and other tourist locations worldwide.