04/07/2023

Dufry opened its new duty-paid store at Vitória airport, after signing a ten year contract with Zurich Airport Brasil

Following the signing of a new ten year concession contract at Vitória airport, managed by Zurich Airport Brasil, to operate a duty-paid store, Dufry has now opened its new store.

01/07/2023

Combination between Dufry and Autogrill – Threshold of 95% of Autogrill’s share capital for the purposes of the squeeze-out has been crossed.

02/06/2023 Ad hoc

Combination between Dufry and Autogrill – Threshold of 90% of Autogrill’s share capital for the purposes of the delisting has been crossed

Based on the preliminary results of the reopening of the tender period commenced on May 26, 2023 and ended on June 1, 2023, additional 27,801,682 Autogrill shares (equal to 7.22% of the share capital of Autogrill) have been tendered in the Offer. Therefore, based on the preliminary results, taking into account the ordinary shares of Autogrill already held by Dufry and the treasury shares owned by Autogrill, Dufry will hold 94.50% of the share capital of Autogrill. Dufry will therefore be able to delist Autogrill. 

19/05/2023 Ad hoc

Combination between Dufry and Autogrill – End of the Initial Tender Period and Preliminary Results of the Offer

At the end of the initial tender period, based on the preliminary results of the offer, Dufry holds approximately 87.13% of the share capital of Autogrill S.p.A.

10/05/2023 Ad hoc

Strong start to the year with 51.5% Turnover Organic Growth in Q1 2023

Dufry’s successful combination with Autogrill gave a solid start to the year reflecting a resilient market, growing global demand for travel and strong execution. Fully consolidated since February 2023, the combined Group is set to deliver a global revolution in travel experience through Dufry’s Destination 2027 strategy.

08/05/2023

Results of Ordinary General Meeting of Dufry AG held on May 8, 2023

The Ordinary General Meeting of Dufry AG was held today in Basel, Switzerland. A total number of 86,519,332 shares was represented at the meeting, corresponding to 71.23% of the total share capital of Dufry AG. The shareholders resolved as follows¹: 

05/05/2023

Dufry further strengthens financing structure

Dufry has entered into a definite agreement with its relationship banks to enlarge its current Revolving Credit Facility (RCF) agreement by EUR 180 million to EUR 2’265 million. Autogrill’s lending banks have partially participated in the extension (“Accordion” option). The RCF can be further enlarged by exercising the Accordion option up to three times during the lifetime of the facility, which matures December 2027. Based on interest received, Dufry expects to make further use of this option later this year.

28/04/2023

Dufry upgraded by Moody’s to Ba3 with Positive Outlook

Moody’s Investors Service upgraded Dufry’s credit rating to Ba3 from B1 and changed the outlook to positive from stable. According to Moody’s, the rating actions reflect the strong trading in 2022 and solid recovery in credit ratios, the completion of the first step of the credit-enhancing business combination with Autogrill as well as the prospects for sustainable revenue and earnings growth, with expectations of deleveraging. 

26/04/2023

Invitation to Dufry’s First Quarter 2023 Trading Update

Dufry is delighted to invite you to our First Quarter Trading Update 2023 Video Conference Webcast:Wednesday, 10^th May 2023at 14.30h CEST

03/04/2023

Dufry Publishes Invitation to its Ordinary General Meeting on May 08, 2023

Dufry today published the invitation to the Ordinary General Meeting 2023. The event will take place on May 8, 2023 at 14.30 CEST (doors open at 14.00), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.The Ordinary General Meeting invitation and agenda as well as the Letter of Dufry’s Chairman to Shareholders can be accessed here: 2023 Ordinary General Meeting 

30/03/2023

Dufry with S&P Rating Upgrade to BB- and CreditWatch Positive

S&P Global Ratings upgraded Dufry’s credit rating to BB- and CreditWatch Positive following Dufry’s Full-Year Results 2022 publication on March 7, 2023, and the successful closing of the Autogrill combination with the transfer of Edizione’s 50.3% stake in Autogrill to Dufry at the beginning of February, 2023.

07/03/2023 Ad hoc

Dufry delivers 2022 targets on a rising tide of global travel with Turnover of CHF 6,878.4 million, CORE EBITDA margin of 8.8% and EFCF of CHF 305.2 million

Dufry delivered on its expectations for full-year 2022, driven by robust demand for travel following the lifting of restrictions across most geographies. Turnover of CHF 6,878.4 million attained, resulting in an Organic Growth rate of more than 76.1% (in constant exchange rate CER) compared to FY 2021. CORE EBITDA margin reached 8.8%, while EFCF was CHF 305.2 million.