12/03/2020

Dufry reaches 3% organic growth and an equity free cash flow of CHF 383.3 million in 2019, delivering on its targets

Dufry's turnover reached CHF 8,848.6 million in the year with organic growth confirming the acceleration trend and reaching 3.0%. Gross Profit margin expanded by 40 basis points from 59.8% to 60.2% in 2019. Adjusted Operating Cash Flow was CHF 959.9 million, while Equity Free Cash Flow came in at CHF 383.3 million in line with the mid-term Equity Free Cash Flow target of CHF 350-400 million.

12/02/2020

Presentation on Dufry's 2019 Full Year Results on March 12, 2020

Dufry will publish its 2019 Full Year Results on March 12, 2020 and will hold a presentation on the same day at 14.00 CET.

20/12/2019

Dufry wins new confectionery contract at Singapore Changi Airport

Dufry has won a new three year concession contract at Singapore Changi airport to operate 4 new shops in the Terminal 2 departure hall for a total sales area of 563 m². The shops are expected to be opened sequentially as of March 2020.

08/11/2019

Dufry successfully closes acquisition of RegStaer Vnukovo

Dufry has successfully closed the acquisition of the 60% stake of RegStaer Vnukovo announced earlier in June 2019. The newly acquired entity will be fully consolidated as of November 2019.

06/11/2019

Dufry prices EUR 750 million Senior Notes

Dufry Group, a leading global travel retailer, priced EUR 750 million Senior Notes due 2027. The annual interest rate will be 2.0 (two) percent and interest will be payable semi-annually in arrears. Proceeds from the offering are intended to be used to refinance the existing EUR 700 million principal amount of outstanding Senior Notes due 2023 and reduce existing bank debt.

06/11/2019

Dufry plans to issue EUR 750 million Senior Notes

Dufry plans to issue EUR 750 million Senior Notes due 2027. Proceeds from the offering are intended to be used to refinance the existing EUR 700 million principal amount of outstanding Senior Notes due 2023 and reduce existing bank debt.

05/11/2019

Dufry posts strong third quarter results leading to solid performance in the nine months of 2019

In the first nine months of 2019, Dufry's turnover reached CHF 6,682.0 million. Organic growth continued to accelerate in the summer months reaching 4.1% for the third quarter and 2.9% in the nine months. The positive trend was supported by an ongoing improvement in the like-for-like performance and continuing in the first weeks of October. Gross Profit margin expanded by 40 base points to 60.3% in the period. Adjusted Operating Cash Flow was CHF 805.3 million and Equity Free Cash Flow came in at CHF 406.6 million. Dufry confirms the average Equity Free Cash Flow target of CHF 350-400 million and the medium term organic growth target of 3% to 4%. Dufry will move to quarterly trading statements as of financial year 2020.

22/10/2019

Conference Call on Dufry's Nine Months 2019 Results on November 5, 2019

Dufry will publish its Nine Months 2019 results on November 5, 2019, and there will be a conference call held by Dufry at 14.00h CET that day.

16/10/2019

Dufry signs a new contract increasing its presence at Mexico City Airport

Dufry has signed a new contract with Aeropuerto Internacional de la Ciudad de México (AICM) to operate 3 new duty-free shops with 1,400 m² in the Terminal 2 at Benito Juárez International Airport, well-known as Mexico City International Airport. With the new contract, Dufry will manage a total retail space of almost 7,400 m², reinforcing its presence in Mexico.

11/10/2019

Dufry to be entitled to reclaim tax payments in Brazil

Dufry has been notified that a decision of the Federal Court in Rio de Janeiro in a lawsuit between one of our Brazilian subsidiaries and the Brazilian tax authority became final and non-appealable. Based on this decision, Dufry shall be entitled to reclaim tax payments made in prior years. The exact amount of the tax reclaim, effects that may fully or partially set off the tax reclaim, the timing of the actual recovery of the amount and the financial impact of the decision going forward are currently being evaluated.

24/09/2019

Dufry announces decision by AENA to extend concession to operate duty-free shops at 25 Spanish airports

Dufry announces that the Board of Directors of AENA SME S.A. has decided to extend Dufry's current concession contract to operate duty-free shops at 25 Spanish airports for up to five more years.

12/09/2019

Dufry signs new contract and expands its operations in Florianópolis International Airport

Dufry, the global leader in travel retail, has signed a new contract to expand its presence at the Florianópolis International Airport, managed by Flughafen Zürich AG. The new contract includes two duty-free and one duty-paid shop totaling 650 m² of additional sales space in the new airport terminal, which will be opened in October 2019.