Press Releases & Ad Hoc Announcements

27/07/2023

Dufry retains all relevant business in Spain, expanding floorspace by more than 30%

Dufry wins all bids tendered for in Spain Aena awards Dufry the lots of Andalusia-Mediterranean, the Balearic Islands, the Canary Islands, Catalonia and Madrid for twelve years, including 21 airports and 120 outlets covering around 60,000 m² and serving approximately 132 million travellers annually (2019)Space awarded represents an additional 30% compared to the previous setup, as well as a material increase in sales categories First time incorporation of F&B concepts into the Retail spaces signals big move towards Hybrid by one of the largest global airport operators The new contracts will be accretive to Dufry’s profitability and cash flow

12/07/2023

Dufry secures additional S&P Global Ratings Upgrade to BB with Outlook Stable, further increases its 2027 Revolving Credit Facility

Marking the second upgrade this year, after an earlier upgrade in March, S&P Global Ratings have now further upgraded Dufry’s credit rating to BB, Outlook Stable. S&P Global Ratings’ action was based on Dufry’s strong performance, the continued momentum in travel as well as the successful completion of the business combination with Autogrill. Additionally, Dufry increases its Revolving Credit Facility (RCF) to EUR 2’675 million.

10/07/2023

Invitation to Dufry’s Half Year Results 2023

Dufry is delighted to invite you to our Half Year Results 2023 Video Conference Webcast: Friday, 4^th August 2023 at 14.30h CEST

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