Key Figures

Avolta's Key Figures

Financial Key Figures

*Non-Gaap performance measures, refer to Avolta Annual Report for further details. 2019 - 2022 figures refer to Avolta stand-alone, before Autogrill transaction. 

Operational Key Figures

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 20192020202120222023
Europe, Middle East and Africa8167877357252,329
Asia Pacific65606067334
North America1,0131'0141,0369732,092
LATAM535497497472400
Total2,4292,3582,3281,5125,155

 

Retail SQM

 20192020202120222023
Europe, Middle East and Africa213,572215,373210,642214,674212,322
Asia Pacific22,69122,87422,99425,06021,826
North America100,647100,269103,00495,168128,436
LATAM133,080130,527132,941136,666114,881
Total469,990469,042469,580446,508477,465

 

Global Presence

 20192020202120222023
Countries                                       6564666273
Locations                                       4274304234161,083

Historical Proforma Financial Figures

On February 3rd 2023, Avolta (then Dufry AG) successfully closed the business combination with Autogrill. To guide stakeholders through the comprehension of the new Group perimeter going forward, Avolta is providing a set of Historical Combined Financial Figures on a Proforma basis. These Figures are based on Avolta’s alternative performance measures (APM).

HISTORICAL PROFORMA FINANCIAL FIGURES
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Alternative Performance Measures 

Avolta believes that disclosing adjusted results of the Group’s performance enhances the financial markets’ understanding of the company because the adjusted results enable better comparison across years. These CORE figures exclude exceptional acquisition respective disposal related expenses and income, and also exclude impairments and amortization of acquisition-related intangible assets, which can differ significantly from year to year.

Avolta’s profit or loss statement in accordance with IFRS is materially impacted by IFRS 16 lease accounting. CORE figures exclude the accounting impact resulting from IFRS 16 lease accounting standard. This is achieved by reversing IFRS 16 related profit or loss line items (i.e. depreciation of right-of-use assets and lease interest) and adding the relevant concession fee owed based on the corresponding concession agreement. For this same reason, we consider all our concession fees and corresponding payments as CORE to our business, in contrast to IFRS 16, which treats fixed payments as a financing activity. In addition, we believe that the straight-line depreciation of right-of-use assets
does not reflect the economic reality of our business and the operational performance of our Group. Avolta uses these adjusted results in addition to IFRS as important factors in internally assessing the Group’s performance.

IFRS 16 TEACH IN PRESENTATION
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Avolta's 2023 Full Year Results

Find all information on Avolta’s 2023 Full Year Results here.

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