05/05/2023

Dufry further strengthens financing structure

Dufry has entered into a definite agreement with its relationship banks to enlarge its current Revolving Credit Facility (RCF) agreement by EUR 180 million to EUR 2’265 million. Autogrill’s lending banks have partially participated in the extension (“Accordion” option). The RCF can be further enlarged by exercising the Accordion option up to three times during the lifetime of the facility, which matures December 2027. Based on interest received, Dufry expects to make further use of this option later this year.

28/04/2023

Dufry upgraded by Moody’s to Ba3 with Positive Outlook

Moody’s Investors Service upgraded Dufry’s credit rating to Ba3 from B1 and changed the outlook to positive from stable. According to Moody’s, the rating actions reflect the strong trading in 2022 and solid recovery in credit ratios, the completion of the first step of the credit-enhancing business combination with Autogrill as well as the prospects for sustainable revenue and earnings growth, with expectations of deleveraging. 

26/04/2023

Invitation to Dufry’s First Quarter 2023 Trading Update

Dufry is delighted to invite you to our First Quarter Trading Update 2023 Video Conference Webcast:Wednesday, 10^th May 2023at 14.30h CEST

03/04/2023

Dufry Publishes Invitation to its Ordinary General Meeting on May 08, 2023

Dufry today published the invitation to the Ordinary General Meeting 2023. The event will take place on May 8, 2023 at 14.30 CEST (doors open at 14.00), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.The Ordinary General Meeting invitation and agenda as well as the Letter of Dufry’s Chairman to Shareholders can be accessed here: 2023 Ordinary General Meeting 

30/03/2023

Dufry with S&P Rating Upgrade to BB- and CreditWatch Positive

S&P Global Ratings upgraded Dufry’s credit rating to BB- and CreditWatch Positive following Dufry’s Full-Year Results 2022 publication on March 7, 2023, and the successful closing of the Autogrill combination with the transfer of Edizione’s 50.3% stake in Autogrill to Dufry at the beginning of February, 2023.

07/03/2023 Ad hoc

Dufry delivers 2022 targets on a rising tide of global travel with Turnover of CHF 6,878.4 million, CORE EBITDA margin of 8.8% and EFCF of CHF 305.2 million

Dufry delivered on its expectations for full-year 2022, driven by robust demand for travel following the lifting of restrictions across most geographies. Turnover of CHF 6,878.4 million attained, resulting in an Organic Growth rate of more than 76.1% (in constant exchange rate CER) compared to FY 2021. CORE EBITDA margin reached 8.8%, while EFCF was CHF 305.2 million. 

21/02/2023

Invitation to Dufry’s Full Year Results 2022 Presentation on March 7th, 2023

Dufry is delighted to invite you to our Full Year Results 2022 Presentation and Video Conference Webcast: 

07/02/2023

Dufry announces new Global Executive Committee

Dufry today announced its new organizational structure, setting up the joint company to drive the Travel Experience Revolution.

03/02/2023 Ad hoc

Combination between Dufry and Autogrill successfully closed

On February 3, 2023, Dufry and Edizione successfully closed the transfer of the 50.3% stake in Autogrill S.p.A held by Edizione S.p.A (through a wholly owned subsidiary) to Dufry. Through the closing, Edizione has become the largest shareholder of Dufry. Dufry will launch a mandatory public exchange offer on the remaining Autogrill shares.  

06/01/2023 Ad hoc

Business Combination between Dufry and Autogrill

All the required regulatory approvals in relation to the proposed business combination with Autogrill, including clearance from all the relevant antitrust authorities, have been obtained without conditions.

21/12/2022 Ad hoc

Dufry successfully concludes refinancing of its main bank facilities

09/11/2022

Dufry secures duty-free joint venture contract at Bengaluru Airport

Dufry, who has operated duty-free shops at Kempegowda International Airport Bengaluru (KIAB) since 2008 through its subsidiary Nuance, has secured an additional 15-year contract to operate and manage duty-free outlets in the airport’s new Terminal 2. Dufry will be operating these new outlets in a 50:50 Joint Venture with airport operator Bangalore International Airport Limited (BIAL).