In 2011, Dufry generated a turnover growth of 16.5% on constant FX rates, and gross margin went up for the eighth consecutive year to 58.2%. EBITDA increased by 26.9% on constant FX rates to CHF 435.5 million and EBITDA margin improved by 100 basis points to 14.1%.
Dufry acquires a leading travel retail company in Russia
Dufry further expands its presence in Russia by acquiring 51% of a local travel retail operator at Sheremetyevo Airport in Moscow. The acquired business generates a turnover of more than USD 50 million.
