Press Releases & Ad Hoc Announcements

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  • 19/06/2015

    Dufry announces rights take-up, final number and offer price of new shares to be issued in connection with its capital increase

    Dufry AG (“Dufry”) announces that further to the ordinary capital increase approved by the Annual General Meeting on April 29, 2015, as well as the Board of Directors' resolution to reduce the maximum size of the capital increase to 23,446,400 new registered shares ("New Shares") on June 2, 2015, subscription rights for 9,744,390 New Shares have been exercised by existing shareholders, corresponding to 41.6% of the New Shares offered. Subscription rights not exercised have lapsed at the end of the subscription period which ended at 12:00 noon CEST on June 19, 2015.

  • 03/06/2015

    Dufry publishes terms of the capital increase and rights offering

    Dufry AG (“Dufry”) announces the terms of the ordinary capital increase, approved by Dufry's Annual General Meeting on April 29, 2015, and rights offering in connection with the acquisition of World Duty Free S.p.A. previously announced on March 28 and March 30, 2015. The envisaged proceeds of the capital increase are planned to be used to partly fund this acquisition.

  • 29/05/2015

    Dufry concludes early conversion offer for its CHF 275 million 2% Mandatory Convertible Notes

    Dufry AG and Dufry Financial Services B.V. (together “Dufry”) announce today the conclusion of the early conversion offer outside the United States launched on May 19, 2015, in respect of its CHF 275 million principal amount of 2% Dufry Mandatory Convertible Notes due 2015 (the “MCN”) due on 18 June 2015.

  • 21/05/2015

    Dufry wins concession agreement at Nice Côte D'Azur Airport for nine fashion and luxury shops

    On May 7th, Dufry signed with Aéroport Nice Cote d'Azur the concession agreement to operate nine new duty free shops at Nice Côte D'Azur Airport. The fashion and luxury retail license is valid for seven years, starting in 2016. Including the concession agreement for two gourmet shops already awarded in March 2015 the total new additional retail space will exceed 1100 m², increasing the overall retail space at the airport by 65%.

  • 19/05/2015

    Dufry launches early conversion offer in respect of its CHF 275 million 2% Mandatory Convertible Notes due 18 June 2015

    Dufry AG and Dufry Financial Services B.V. (together “Dufry”) announce today the launch of an offer outside the United States to convert any or all of the CHF 275 million principal amount of 2% Dufry Mandatory Convertible Notes due 2015 (the “MCN”) early.

  • 05/05/2015

    Dufry continues turnover and EBITDA growth in the first quarter 2015

    In the first quarter 2015, turnover grew by 31.5% and reached CHF 1,018.9 million, with overall results showing solid underlining performance. EBITDA increased to CHF 92.0 million including first profitability improvements from Nuance. Cash flow before working capital grew by 10.9% and reached CHF 103.8 million. Cash EPS grew by 21% to CHF 1.09 for the quarter.

  • 29/04/2015

    Results of Ordinary General Meeting of Dufry AG on April 29, 2015

    The Ordinary General Meeting of Dufry AG was held at the Grandhotel “Les Trois Rois”, Blumenrain 8, 4001 Basel, Switzerland, on April 29, 2015 at 14.00 hrs. The meeting was validly convened and constituted and shareholders duly registered in the share register of the Company representing 20,640,201 shares and 57.49% of the total share capital of Dufry AG were present at the meeting.

  • 22/04/2015

    Conference Call on Dufry's First Quarter 2015 Results on May 5, 2015

    Dufry will publish its First Quarter 2015 results on May 5, 2015, and there will be a conference call held by Dufry at 15.00 CET that day.

  • 06/04/2015

    Ordinary General Meeting of Dufry AG on April 29, 2015

    The Ordinary General Meeting of Dufry AG will be held on Wednesday, April 29, 2015 at 14.00 hrs (doors open at 13.00 hrs) at the Grandhotel “Les Trois Rois”, Blumenrain 8, 4001 Basel, Switzerland.

  • 30/03/2015

    Dufry's Conference Call on the Acquisition of World Dufry Free Group

    On Monday, 30th March, 2015, Dufry will host a conference call on the announced acquisition of World Dufry Free Group.

  • 30/03/2015

    Dufry to acquire World Duty Free

    Dufry announces that it has entered into a binding agreement with Edizione S.r.l. ("Edizione") to acquire its 50.1% stake in World Duty Free S.p.A ("WDF"). Following completion of the transaction with Edizione, Dufry will launch a mandatory tender offer for the remaining 49.9% outstanding WDF shares. The combination with WDF will enhance Dufry's global position in the travel retail industry. Dufry expects to generate synergies of up to EUR 100 million1. On a pro forma combined basis, once fully integrated and including planned synergies, Dufry would have generated a turnover of CHF 7.8 billion in 2014 and an EBITDA of more than CHF 1 billion2. The transaction is expected to be value accretive to Dufry shareholders, resulting in a double-digit cash EPS accretion from the second year post-acquisition.

  • 28/03/2015

    Dufry to acquire World Duty Free

    Not for distribution in the United States, Canada, Brazil, Japan or Australia. Earlier today, Dufry has entered into a binding agreement to acquire Edizione's 50.1% stake in WDF for € 10.25 per share. The transaction values WDF at €3.6bn and will trigger a mandatory takeover offer for the remaining shares. Dufry will finance the acquisition through a mix of debt and equity, raised through a rights issue which is underwritten by a group of banks and well-known cornerstone investors.

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