18/01/2018

Inauguration of Dufry's newly refurbished retail operation at Sharjah International Airport

Dufry has completed its extensive store renovations at Sharjah International Airport to create a state-of-the-art walkthrough retail space covering 1,793sqm. Its official inauguration took place at a ribbon cutting ceremony attended by Senior Directors from Dufry and Sharjah Airport management. The Middle East is one of Dufry's focus growth areas, for which a whole variety of shop concepts and tailored services can be provided.

11/01/2018

Dufry announces new organizational structure

Dufry has announced today its new organizational structure, which will take immediate effect. The simplified structure will further improve speed of decision making and time to market, drive efficiencies and foster the delivery of shareholder value through acceleration of growth and digital transformation.

12/12/2017

Dufry successfully extends contract for its downtown retail operation in Macau for 7 years

Dufry has successfully extended its contract with the Sands China Group, for its prestigious Atrium store in the Macau Venetian luxury hotel and casino resort. Based on the new contract, Dufry will manage the 2,000 m² store through to the end of 2024.

21/11/2017

Dufry opens 7 stores in the new Terminal of Cancun Airport including the first New Generation Store in Latin America

Dufry inaugurates 2,540 m² of new retail space and launches its New Generation Store in the newly-opened Terminal 4 in Cancun International Airport, Mexico. With approximately 1,900 m², Dufry presents for the first time in Latin America its New Generation Store, a retail concept featuring extensive and innovative use of digital applications in order to increase passenger communication and drive sales. New Generation Stores are already in operation in Melbourne, Australia, and Madrid, Spain. Going forward, Dufry plans to unveil several shops around the world under this new concept.

17/11/2017

Dufry successfully concludes the refinancing of its main bank facilities

Dufry has successfully refinanced its main bank credit facilities of CHF 3.4 billion. Apart from extending the maturity to 2022, the new agreement also features a number of improvements which increase the flexibility for Dufry and which reduce the overall interest expense of the bank debt. Dufry's new financing structure will generate combined yearly interest savings of around CHF 50 million and provides solid foundations for the business in the next years.

14/11/2017

Hudson Ltd. Files Registration Statement for Proposed Initial Public Offering

Dufry AG (Dufry) announced today that its wholly-owned subsidiary, Hudson Ltd., has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of Hudson Ltd.'s Class A common shares.

14/11/2017

Dufry wins tender and renews its concessions with Swedavia for 7 years

Dufry is pleased to confirm that it has won the tender for its store operations in 8 Swedish airports managed by Swedavia, for a further 7 years. Dufry, through its Nuance subsidiary, has managed Swedavia's tax and duty-free stores for the last 16 years, operating 14 stores with a total retail space of 5,950 m². With the win of this tender, Dufry will have the opportunity to open a new 2,000 m² walkthrough store in the Arlanda T5 marketplace as of 2021 as part of an ambitious investment programme, which will see all existing stores being refurbished in the period 2018-19.

01/11/2017

Dufry extends its concession agreement with Malta International Airport

Dufry has signed an extension to its concession contract to operate three stores at Malta International Airport, increasing its commercial space by more than 20%. The new contract term commences January 2019 and ends December 2026. As part of Dufry's global plan to offer passengers a WorldClass.WorldWide experience, the contract renewal includes a substantial investment for the extension and remodeling of the current walk-through departures store, as well as an arrivals store and a last-minute shop.

31/10/2017

Dufry with strong peak season performance: high organic growth and cash generation in the first nine months of 2017

In the first nine months of 2017, turnover reached CHF 6,270.5 million, driven by a strong organic growth performance across the group totalling 7.9%. Gross profit margin expanded by 100 basis points to 59.4% in the period. EBITDA further grew by 8.5% and reached CHF 743.6 million. Free cash flow generation in the third quarter was very strong with CHF 337.1 million.

17/10/2017

Dufry and DFASS debut in Colombia by opening ten stores at El Dorado International Airport

Dufry and DFASS reveal almost 3,200 m² of retail space with a grand opening at El Dorado International Airport, which includes duty-free and duty-paid shops across the international and domestic terminals. Dufry/DFASS bring their expertise to Colombia, offering a full range of high-end luxury goods and several commercial concepts including brand boutiques, specialized shops and the Hudson convenience stores.

16/10/2017

Conference Call on Dufry's Nine Months 2017 Results on October 31, 2017

Dufry will publish its Nine Months 2017 results on October 31, 2017, and there will be a conference call held by Dufry at 13.00 CET that day.

11/10/2017

Dufry prices EUR 800 million Senior Notes

Dufry Group, a leading global travel retailer, priced EUR 800 million Senior Notes with a maturity of seven years. The offering was upsized from the previously announced EUR 500 million amount. The annual interest rate will be 2.5 percent and interest will be payable semi-annually in arrears. Proceeds from the offering are intended to be used to redeem the existing EUR 500 million principal amount of outstanding Senior Notes due 2022 and reduce bank debt.