Press Releases & Ad Hoc Announcements

  • 03/05/2016

    Dufry generates EBITDA of CHF 147 million and Net Cash Flow from Operations of CHF 119 million in the first quarter 2016

    Dufry had a good start into 2016 with a turnover growth of 60.0% reaching CHF 1,630.2 million and a further improvement of organic growth. Gross profit margin considerably improved by 110 basis points to 58.6% from 57.5%. EBITDA increased by 59.2% to CHF 146.5 million, maintaining the previous year's margin level of 9.0%. Cash flow from operating activities and free cash flow generation were both strong with CHF 118.9 million and CHF 78.8 million respectively, in the lowest quarter of the year. The World Duty Free integration is proceeding according to plan, and will remain a focus area for the year, along with the acceleration of organic growth, cash generation and deleveraging.

  • 28/04/2016

    Results of Ordinary General Meeting of Dufry AG on April 28, 2016

    The Ordinary General Meeting of Dufry AG was held at the Grandhotel “Les Trois Rois”, Blumenrain 8, 4001 Basel, Switzerland, on April 28, 2016 at 14.00 hrs. The meeting was validly convened and constituted and shareholders duly registered in the share register of the Company representing 36,117,228 shares and 67.04% of the total share capital of Dufry AG were represented at the meeting.

  • 21/04/2016

    Dufry Audit Committee to fully consist of independent Board members

    Dufry's Board of Directors would like to specify that following the Ordinary General Meeting of April 28, 2016, the Audit Committee will consist exclusively of independent and non-executive Board members.

  • 19/04/2016

    Conference Call on Dufry's First Quarter 2016 Results on May 3, 2016

    Dufry will publish its First Quarter 2016 results on May 3, 2016, and there will be a conference call held by Dufry at 14.00 CET that day.Speakers will be Julián Díaz, CEO of Dufry Group, and Andreas Schneiter, CFO of Dufry Group. The call will be held in English.

  • 05/04/2016

    Ordinary General Meeting of Dufry AG on April 28, 2016

    The Ordinary General Meeting of Dufry AG will be held on Thursday, April 28, 2016 at 14.00 hrs (doors open at 13.00 hrs) at the Grandhotel “Les Trois Rois”, Blumenrain 8, 4001 Basel, Switzerland.

  • 23/03/2016

    Dufry Analyst Day in Spain June 1 st – 2 nd , 2016

    Following the first Dufry Analyst Day in 2015, Dufry is pleased to invite you to its 2016 Dufry Analyst Day to take place this year in Spain.As last year, the event will cover the main aspects of Dufry's strategy, business operating model and World Duty Free integration, amongst other relevant topics which will be presented by Dufry's Senior Management.

  • 16/03/2016

    Transformational year for Dufry with strong performance

    In 2015, Dufry achieved a solid operational and financial performance: Turnover increased by 46.3% and reached CHF 6,139.3 million, while EBITDA amounted to CHF 723.8 million, with an EBITDA margin of 11.8%. Dufry also continued to prove its cash generation capability with net cash flow from operating activities of CHF 491.6 million before acquisition-related cash outflows. The covenant Net debt / EBITDA remained at 3.92x, versus new agreed threshold of 4.50x.The primary focus in 2015 was the integration and delivery of synergies of Nuance, which was completed by year-end as originally planned. Combined with the acquisition of World Duty Free, consolidated from August 2015 onwards, the Nuance integration resulted in a transformational year for Dufry in many aspects. Dufry announced a new Group structure, introduced a new business operating model and refreshed its corporate identity together with its corporate values.From a strategic and operational perspective, the two transformational acquisitions reinforce Dufry's global leadership in airport retail with 24% market share and are expected to generate a total of CHF 175 million of synergies, of which a first tranche of CHF 34 million is already reflected in the 2015 FY results.

  • 09/03/2016

    New Members nominated to the Board of Directors of Dufry AG

    Dufry AG announces that its Board of Directors will propose to the Annual General Meeting on April 28, 2016, Ms. Heekyung (Jo) Min and Ms. Claire Chiang for election as new Board members. Two current Board members, Mr. James Cohen and Mr. Lucas Melo, have informed the company that they will not be available for re-election after the end of their current term on April 28, 2016 for personal reasons. All other current Board members are proposed for re-election.

  • 23/02/2016

    Presentation on Dufry's 2015 Full Year Results on March 16, 2016

    Dufry will publish its 2015 full year results on March 16, 2016 and will hold a presentation on the same day at 14.00 CET.

  • 13/11/2015

    Mandatory tender offer launched by Dufry Financial Services BV for No. 94.261.808 ordinary shares of World Duty Free S.p.A.

    DUFRY FINANCIAL SERVICES BV CARRIED OUT THE JOINT PROCEDURE TO FULFILL THE OBLIGATION TO PURCHASE PURSUANT TO ART. 108, PARAGRAPH 1, OF LEGISLATIVE DECREE OF 24 FEBRUARY 1998, NO. 58, AS AMENDED (THE “TUF”) AND EXERCISE THE RIGHT TO PURCHASE PURSUANT TO ART. 111 OF THE TUF

  • 09/11/2015

    Final Results of the obligation to purchase the residual shares

    Final results of the procedure for the fulfillment of the obligation to purchase pursuant to art. 108, paragraph 2, of Legislative Decree of 24 February 1998, no. 58, (the “TUF”) by Dufry Financial Services BV on the ordinary shares of World Duty Free S.p.A.

  • 06/11/2015

    Provisional Results of the obligation to purchase the residual shares

    Provisional results of the procedure for the fulfillment of the obligation to purchase pursuant to art. 108, paragraph 2, of Legislative Decree of 24 February 1998, no. 58, (the “TUF”) by Dufry Financial Services BV on the ordinary shares of World Duty Free S.p.A.

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