03/11/2015
Dufry Group posts solid results increasing turnover, EBITDA and cash flow, and presents its new corporate structure, logo and branding strategy
In the first nine months of 2015, Dufry posted a good performance. Turnover grew by 43.9% in the year to September and reached CHF 4,216.3 million from CHF 2,930.9 million one year earlier, with organic growth contributing -4.9%. EBITDA grew by 22.5% and reached CHF 508.0 million with an EBITDA margin of 12.0%. Cash generation continues strong with free cash flow[1]of CHF 327.1 million, 18.2% higher than in the first nine months of 2014. This performance includes the contribution of World Duty Free, which has been Dufry consolidated from August onwards.