30/05/2024

Avolta Expands Footprint in Greater China with New Travel Retail Contract; Opens its First Duty Free Stores at Hong Kong – Macau Ferry Terminal

Avolta, the leading global travel experience player, is thrilled to announce the opening of its new Duty-free operation in downtown Hong Kong, following its successful bid for the Hong Kong–Macau Ferry Terminal concession late last year. Located in the departures and arrivals halls respectively, the two new stores offer a diverse range of Duty-free categories including liquor, tobacco, and food with local favourites and premium international brands, expanding the company’s presence in one of the most popular tourist destinations of Greater China. 

20/05/2024

Avolta secures 15-year contracts at John Wayne Airport, expanding presence across Travel Retail, Convenience and F&B in California, USA, to 2039

Avolta AG (SIX: AVOL), leading global travel experience player, announces it will grow its presence at John Wayne Airport to offer travelers more food and beverage options, as well as multiple travel convenience and specialty retail stores throughout the concourse. Under newly awarded 15-year contracts to develop nearly 3,500 m² of concessions space across Terminals A, B, and C, Avolta’s brands Hudson and HMSHost will blend the vibrancy of Orange County with global brands and trends, bringing a strong sense of place that resonates with passengers.

16/05/2024 Ad hoc

Avolta’s strong performance in Q1 2024 confirms positive outlook for the full year and beyond

Building on a transformative 2023, Avolta continues to deliver strong organic growth in Q1 of 8.6% and a further step-up across all financial indicators. Avolta’s Destination 2027 strategy is yielding results, supported by an enhanced customer experience and strong execution. Avolta delivers growth with resilience. 

15/05/2024

Results of the Ordinary General Meeting of Avolta AG held on May 15, 2024

The Ordinary General Meeting of Avolta AG was held today in Basel, Switzerland. A total number of 104’270’267 shares were represented at the meeting, corresponding to 68.32% of the total share capital of Avolta AG. The shareholders resolved as follows:¹

06/05/2024

We are delighted to invite you to our Q1 2024 Trading Update Presentation Webcast: Thursday, 16 May 2024 at 14.30h CEST

22/04/2024

Avolta enhances financial position with successful refinancing initiative

Avolta AG (SIX: AVOL), the leading global travel experience player, has announced the successful completion of its refinancing initiative, further enhancing its financial flexibility by extending its average debt maturity.

17/04/2024

Avolta wins new store at Copenhagen Airport, introducing exciting local pizza and craft beer concept

Leading global travel experience player Avolta AG (SIX: AVOL), is reinforcing its presence at Copenhagen Airport with a six-year contract for a new store. In line with its commitment to create authentic sense of place for travelers, Avolta recently opened much-loved local pizza concept, Neighbourhood, inviting passengers to taste its crispy sourdough pizzas, and a selection of craft beers from local hero, To Øl. The store opening builds on Avolta’s comprehensive food and beverage (F&B) partnership with Copenhagen Airport and strengthens the company’s commitment to creating an authentic sense of place for travelers, by showcasing unique local offerings that resonate with both residents and visitors. 

15/04/2024

Avolta extends retail contract with Athens International Airport to 2034

Avolta AG (SIX: AVOL), the leading global travel experience player, will build on its longstanding retail presence at Greece’s Athens International Airport with a ten year contract extension until the beginning of 2034. The contract extension sees Avolta continue to operate 31 retail stores, over a combined floor space of more than 4,900 m² in Greece’s busiest airport. The agreement underscores the significance of Avolta’s strong business partnerships in realizing the company’s Destination 2027 strategy to create a travel experience revolution.

11/04/2024

Avolta actively growing in APAC: secures new duty-free contract at Kualanamu International Airport in Medan, Indonesia

Avolta AG (SIX: AVOL), leading global travel experience player, increases its footprint in Asia-Pacific, securing a new duty-free contract for two stores at Kualanamu International Airport*, serving the city of Medan and North Sumatra. Operating in Indonesia for more than ten years and with nearly 50 stores, this contract marks Avolta’s third location in Indonesia – the largest economy in Southeast Asia and the world’s fourth most populous nation** – and first for Medan, joining existing outlets at Indonesia’s two main international airports; Jakarta’s Soekarno–Hatta International Airport and Bali’s I Gusti Ngurah Rai Airport.

09/04/2024

Avolta prices EUR 500 million of senior notes

Avolta today priced an offering of EUR 500 million aggregate principal amount of 4.750% Senior Notes due 2031 (the “Notes”). Interest will be payable semi-annually in arrears. Proceeds from the offering are expected to be used to refinance a portion of Avolta’s outstanding Senior Notes due 2024.  

08/04/2024

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Avolta publishes the invitation to its Annual General Meeting 2024. The event will take place on May 15, 2024 at 14:30 CEST (doors open at 14:00 CEST), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.

04/04/2024

Avolta secures S&P Global Ratings Upgrade to BB+ with Outlook Stable

Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from S&P Global Rating from BB to BB+ with Outlook Stable, as announced by the rating agency yesterday. Based on Avolta’s strong 2023 operating performance and tightened financial policy, the credit rating upgrade also underscores the successful integration with Autogrill which was achieved ahead of schedule.