18/11/2024

Avolta Secures Strategic Partnership with Shenzhen Bao'an International Airport for New Retail and Dining Contract, Marks New Footprint in China

Leading global travel experience player Avolta AG (SIX: AVOL) is pleased to announce its newest partnership and contract with Shenzhen Bao'an International Airport in China – the country’s 4th busiest* – to bring a dynamic range of retail and dining experiences to the hub. This landmark contract, effective November 2024 through 2030, further demonstrates Avolta’s strategic commitment to growth in key international markets and to bringing first-rate travel experiences to major international travel hubs. 

31/10/2024 Ad hoc

Avolta delivers another set of strong results across all KPIs in 9M and will cancel 4% of its share capital

Avolta marks its 7^th consecutive quarter of strong growth in Q3, as it continues to successfully execute its Destination 2027 strategy. The company confirms its medium-term targets and will cancel approximately 6.1 million treasury shares (4% of issued share capital) in 2024 in line with its reinforced shareholder focused capital allocation policy.

24/10/2024

Avolta successfully refinances its main bank facility

Avolta has successfully amended and extended its existing Revolving Credit Facility (RCF). The amended EUR 2,400 million RCF with maturity in 2029 replaces the EUR 2,750 million RCF expiring in 2027. 

21/10/2024

We are delighted to invite you to our 3Q Trading Update Presentation Webcast: Thursday, October 31 2024 at 14:30 CET

08/10/2024

Avolta celebrates duty-free contract win at Turkey’s new Çukurova International Airport

Leading global travel experience player Avolta AG (SIX: AVOL) further extends its presence in Turkey, announcing its first duty-free contract win at the brand new Çukurova International Airport. Avolta will make travelers happier through a locally-inspired offering across its 1,000 m² duty free space within the Departures and Arrivals areas. Recently inaugurated in the southern province of Mersin in Turkey, the new airport services a range of domestic and international destinations, with a capacity of 9 million passengers, enhancing connectivity and supporting tourism and commercial activities in the area.

30/09/2024

Avolta launches global ‘Club Avolta’ loyalty program for travelers

Leading global travel experience player Avolta AG (SIX: AVOL) has today launched Club Avolta, an industry-first loyalty program that seamlessly integrates duty-free, duty-paid, food & beverage (F&B), brands, airports, airlines, hotels, and more. This strategic initiative aims to revolutionize the global travel experience, enhancing traveler satisfaction and driving sales.

24/09/2024

Avolta leverages regional economic slow-down to fast-track APAC strategy: enters into deal to acquire Free Duty, funded by cash on balance sheet with no impact to the deleveraging commitments

Avolta (AVOL: SIX), leading global travel experience player across retail and F&B, has entered into a deal to acquire 100% of Free Duty from NWS Holdings Limited (0659. HK), a conglomerate with a diversified portfolio of market-leading businesses predominantly in Hong Kong and the Mainland. The deal would see Avolta’s positioning significantly strengthened in the Asia Pacific (APAC) region, gaining access to 150 million travelers and increasing regional sales by CHF 250 million. The acquisition of Free Duty, a leading border travel retail operator in Hong Kong and the Greater Bay Area, would lead towards an early delivery of Avolta’s Destination 2027 strategy in APAC, generating accelerated revenue growth at attractive margins. The closing of the transaction is subject to customary conditions precedent.

23/09/2024

Avolta’s HMSHost to Grow Its Presence at Phoenix Sky Harbor International Airport Under Newly Awarded 10-Year Contract

Travel dining leader will develop nearly 4,600 ft² (1,400m²) of added food and beverage space that will include partnerships with celebrity chef Guy Fieri and a renowned Arizona distillery.

12/09/2024

Avolta’s Hudson Signs Seven-year Contract with Pittsburgh International Airport to Open Six New Retail Stores

As part of PIT’s USD 1.57 billion Terminal Modernization Program, Hudson will grow its presence, opening new stores across 8,000 ft² (2,400 m²) of retail space that blends travel essentials and global brands with the spirit of Pittsburgh. 

15/08/2024

Avolta wins 5-year F&B contract for two stores at Norway’s Stavanger Airport, welcoming Michelin-recognized Sven Erik Renaa’s new concept to the Departures Terminal

Leading global travel experience player Avolta AG (SIX: AVOL) today celebrated the official opening of its two new F&B outlets, Sirkus Renaa and Crafts - Rogaland Gastropub at Stavanger Airport. The two stores are the result of a new five-year contract win, reinforcing Avolta’s presence as the sole F&B operator within the Domestic Departures Terminal and aligning with the company’s commitment to create a strong sense of place for travelers with local flavors and downtown heroes.

30/07/2024 Ad hoc

Avolta reports strong H1 turnover growth of +11% with uninterrupted positive momentum into H2

Supported by a strong global business model, Avolta reports for the sixth consecutive quarter a strong performance across all KPIs. In H1, the company delivers an impressive CORE turnover growth of +11.0%, organic growth of +7.1%, with EBITDA margin increasing by +40bps year-on-year to 9.0% and an EFCF of CHF 213.5 million. The strong H1 performance reinforces Avolta’s confidence for H2 and beyond as it delivers on its Destination 2027 strategy. 

22/07/2024

Avolta Expands and Renews its Perth Airport Duty Free Contract to 2031, Unveils Airport Retail Transformation

Avolta (SIX: AVOL), leading global travel experience player, is thrilled to announce the renewal and extension of its duty-free contract with Australia’s Perth Airport to 2031. Using sustainable design principles, the contract includes nearly 3,000 m² of commercial space across four stores, and centers on the transformation of Avolta’s Terminal 1 Departures store into a state-of-the-art walkthrough space. Avolta and Perth Airport are set to redefine the travel retail experience, creating a new environment for local travelers and tourists alike.