24/05/2022 Ad hoc

Dufry successfully extends Heathrow concession contract for three years until 2029

Dufry has successfully extended its current Heathrow concession contract for three years until November 2029 to operate a total of 24 shops with a retail space of 13,000 m² across all terminals of Heathrow Airport. The Heathrow concession is the largest single location fully operated by Dufry and serves the 80.9 million passengers (2019 level), who travel through this leading hub for European and international travel. The extension reinforces Dufry’s strong position in the UK where it operates duty-free shops at 25 airports in total.

19/05/2022 Ad hoc

Dufry Reports Organic Growth of 144.5% and Increasing Sales Trends in First Quarter 2022

Dufry’s first quarter 2022 was characterized by continuous improvements during January and February, resulting in increasing sales trends in most regions globally from March onwards. Turnover reached CHF 1,118.6 million, an organic growth of 144.5% compared to the previous year. In the normally cash negative first quarter, Dufry’s Equity Free Cash Flow (EFCF) performed substantially better versus prior year and a historical first quarter comparison. EFCF progressed and came in at CHF -86.8 million in Q1 2022, compared to CHF -219.3 million in Q1 2021 and CHF -123.0 million in Q1 2019. 

17/05/2022

Results of Ordinary General Meeting of Dufry AG on May 17, 2022

The Ordinary General Meeting of Dufry AG was held at the offices of Dufry AG at Brunngässlein 12, 4052 Basel, Switzerland, on May 17, 2022 at 08:15 hrs. The meeting was held without the presence of shareholders based on Article 27 of the Ordinance 3 issued by the Swiss Federal Council on measures to prevent coronavirus (COVID-19) of June 19, 2020. The total number of shares represented at the meeting amounted to 57,582,071 shares (corresponding to 63.41% of the total share capital of Dufry AG); the meeting was validly convened and constituted. The Shareholders resolved as follows: 

05/05/2022

Dufry wins two new six-year duty-free and duty-paid contracts at Salvador International Airport in Brazil

Dufry is delighted to announce that it has been awarded two new six-year concession contracts at Salvador International Airport in Brazil to operate an extended retail space with a total of three new shops, two of which will be duty-free and one of which will be duty-paid. 

03/05/2022

Invitation to Dufry’s First Quarter 2022 Trading Update

20/04/2022

Dufry wins new duty-free and duty-paid contract at Sofia International Airport in Bulgaria

Dufry has been awarded a new eight-and-a-half-year concession contract at Sofia International Airport in Bulgaria to operate a total of thirteen shops, eleven of which will be duty-free and two of which will be duty-paid. Sofia Airport has selected Dufry following an international tender process.

14/04/2022

Dufry Publishes Invitation to its Ordinary General Meeting on May 17, 2022

Dufry today published the invitation to the Ordinary General Meeting 2022. The event will take place on May 17, 2022 at 08.15 CEST, at the offices of Dufry AG at Brunngässlein 12, 4052 Basel, Switzerland. The meeting will be held without the presence of shareholders based on Article 27 of the Ordinance 3 issued by the Swiss Federal Council on measures to prevent coronavirus (COVID-19) of June 19, 2020 (as amended). The shareholders of Dufry AG may exercise their rights at the Ordinary General Meeting exclusively through the Independent Voting Rights Representative.

18/03/2022

Dufry wins new duty-free and duty-paid contract at Felipe Ángeles International Airport in Santa Lucia, Mexico

Dufry has been awarded two five-year concession contracts at the new Mexico City International Airport, Felipe Ángeles (AIFA) in Santa Lucia. Initially the contract will be to operate a commercial area of 652 m² with a mix of both duty-free and duty-paid shops. A further increase of retail space will be considered by AIFA in line with the growth of international and domestic passengers.

15/03/2022

Dufry extends duty-free concession for six years and increases retail space at Bali International Airport

Dufry, leading global travel retailer, has successfully extended its duty-free concession at Bali’s I Gusti Ngurah Rai International Airport for another six years, which in 2019 welcomed 14 million travelers, and where Dufry has been operating since 2013. The new six-year contract also includes an increase in retail space of over 1,400 m², thus extending the total sales area to over 3,600 m², which will allow for the introduction of fashion and accessories as new categories. 

08/03/2022 Ad hoc

Dufry with strong recovery reporting Organic Growth of 53.2% and Adjusted Operating Profit of CHF 374.9 million

Dufry’s full-year 2021 performance was characterized by a re-bound of travel, predominantly in the Western hemisphere. Turnover reached CHF 3,915.4 million, an Organic Growth of plus 53.2% as compared to the same period 2020, providing strong confidence in the overall recovery trend. Most notably, Dufry reported solid Equity Free Cash Flow of CHF -33.4 million for full-year 2021, representing a 73.4% conversion rate on incremental turnover 2020 to 2021. 

21/02/2022 Ad hoc

Dufry appoints Xavier Rossinyol as Chief Executive Officer as of June 1, 2022

Julian Diaz, Chief Executive Officer and member of the Board of Directors of Dufry AG (Dufry), will step down from his position as Chief Executive Officer on May 31, 2022 and will not stand for reelection as a member of the Board of Directors at the 2022 AGM. Xavier Rossinyol has been appointed as new Chief Executive Officer of Dufry effective June 1, 2022. In order to ensure a smooth transition, Xavier will join as designated CEO and member of the Global Executive Committee on March 1, 2022. 

16/02/2022

Dufry extends its duty-free and duty-paid concession at Helsinki Airport for a further five years

Leading global travel retailer Dufry has successfully extended its contract to operate the duty-free and duty-paid stores at Helsinki Airport in Finland for a further five years following its successful partnership with Finavia for the past nine years.