Press Releases & Ad Hoc Announcements

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  • 16/03/2016

    Transformational year for Dufry with strong performance

    In 2015, Dufry achieved a solid operational and financial performance: Turnover increased by 46.3% and reached CHF 6,139.3 million, while EBITDA amounted to CHF 723.8 million, with an EBITDA margin of 11.8%. Dufry also continued to prove its cash generation capability with net cash flow from operating activities of CHF 491.6 million before acquisition-related cash outflows. The covenant Net debt / EBITDA remained at 3.92x, versus new agreed threshold of 4.50x.The primary focus in 2015 was the integration and delivery of synergies of Nuance, which was completed by year-end as originally planned. Combined with the acquisition of World Duty Free, consolidated from August 2015 onwards, the Nuance integration resulted in a transformational year for Dufry in many aspects. Dufry announced a new Group structure, introduced a new business operating model and refreshed its corporate identity together with its corporate values.From a strategic and operational perspective, the two transformational acquisitions reinforce Dufry's global leadership in airport retail with 24% market share and are expected to generate a total of CHF 175 million of synergies, of which a first tranche of CHF 34 million is already reflected in the 2015 FY results.

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  • 09/03/2016

    New Members nominated to the Board of Directors of Dufry AG

    Dufry AG announces that its Board of Directors will propose to the Annual General Meeting on April 28, 2016, Ms. Heekyung (Jo) Min and Ms. Claire Chiang for election as new Board members. Two current Board members, Mr. James Cohen and Mr. Lucas Melo, have informed the company that they will not be available for re-election after the end of their current term on April 28, 2016 for personal reasons. All other current Board members are proposed for re-election.

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  • 23/02/2016

    Presentation on Dufry's 2015 Full Year Results on March 16, 2016

    Dufry will publish its 2015 full year results on March 16, 2016 and will hold a presentation on the same day at 14.00 CET.

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  • 13/11/2015

    Mandatory tender offer launched by Dufry Financial Services BV for No. 94.261.808 ordinary shares of World Duty Free S.p.A.

    DUFRY FINANCIAL SERVICES BV CARRIED OUT THE JOINT PROCEDURE TO FULFILL THE OBLIGATION TO PURCHASE PURSUANT TO ART. 108, PARAGRAPH 1, OF LEGISLATIVE DECREE OF 24 FEBRUARY 1998, NO. 58, AS AMENDED (THE “TUF”) AND EXERCISE THE RIGHT TO PURCHASE PURSUANT TO ART. 111 OF THE TUF

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  • 09/11/2015

    Final Results of the obligation to purchase the residual shares

    Final results of the procedure for the fulfillment of the obligation to purchase pursuant to art. 108, paragraph 2, of Legislative Decree of 24 February 1998, no. 58, (the “TUF”) by Dufry Financial Services BV on the ordinary shares of World Duty Free S.p.A.

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  • 06/11/2015

    Provisional Results of the obligation to purchase the residual shares

    Provisional results of the procedure for the fulfillment of the obligation to purchase pursuant to art. 108, paragraph 2, of Legislative Decree of 24 February 1998, no. 58, (the “TUF”) by Dufry Financial Services BV on the ordinary shares of World Duty Free S.p.A.

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  • 03/11/2015

    Purchasing of World Duty Free Shares

    Notice pursuant to article 41, paragraph 2, letter c), of the Consob Regulation no. 11971 dated May 14, 1999, as subsequently integrated and amended (the “Issuers' Regulation”).

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  • 03/11/2015

    Dufry Group posts solid results increasing turnover, EBITDA and cash flow, and presents its new corporate structure, logo and branding strategy

    In the first nine months of 2015, Dufry posted a good performance. Turnover grew by 43.9% in the year to September and reached CHF 4,216.3 million from CHF 2,930.9 million one year earlier, with organic growth contributing -4.9%. EBITDA grew by 22.5% and reached CHF 508.0 million with an EBITDA margin of 12.0%. Cash generation continues strong with free cash flow[1]of CHF 327.1 million, 18.2% higher than in the first nine months of 2014. This performance includes the contribution of World Duty Free, which has been Dufry consolidated from August onwards.

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  • 02/11/2015

    Purchasing of World Duty Free Shares

    Notice pursuant to article 41, paragraph 2, letter c), of the Consob Regulation no. 11971 dated May 14, 1999, as subsequently integrated and amended (the “Issuers' Regulation”).

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  • 30/10/2015

    Purchasing of World Duty Free Shares

    Notice pursuant to article 41, paragraph 2, letter c), of the Consob Regulation no. 11971 dated May 14, 1999, as subsequently integrated and amended (the “Issuers' Regulation”).

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  • 29/10/2015

    Purchasing of World Duty Free Shares

    Notice pursuant to article 41, paragraph 2, letter c), of the Consob Regulation no. 11971 dated May 14, 1999, as subsequently integrated and amended (the “Issuers' Regulation”).

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  • 28/10/2015

    Dufry Group announces new organizational structure

    In the past two years, Dufry Group has realized transformational growth steps with the acquisitions of The Nuance Group and World Duty Free Group. The new organizational structure of Dufry reflects this considerable expansion and sets the base to deliver further sustainable growth and value creation going forward. As part of the new organization, new members have been appointed to the Group Executive Committee. The new organizational structure will be effective as of 1st January 2016.

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