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In this section, you can find all the latest company updates and press releases. We are committed to keeping everyone interested in our company up-to-date. If there is any information you are looking for and unable to find, please contact us and we would be delighted to assist.

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  • 24/06/2020

    Dufry to implement a global restructuring program

    Dufry, in line with the initiatives to reduce expenses and to adapt the company to the new business environment, has decided to implement a restructuring program to mitigate the consequences of the Covid-19 pandemic. The program aims at reducing personnel expenses by 20% to 35% reflecting the different scenarios of potential sales declines between 40% to 70%, which the company had already presented in its Q1 Trading Update on May 12, 2020. The reduction in personnel expenses includes early retirements, hold-backs of seasonal staff employment, contributions from government support schemes as well as the reduction of positions across all organizational levels and geographies. Due to consultation procedures in several countries, it is currently not possible to provide details on the number and locations of the positions concerned. The company plans to implement these measures between June and October 2020.

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  • 09/06/2020

    Dufry's new Global Executive Committee structure, effective September 1, 2020, integrates HQ and divisions, while simplifying top management functions

    Dufry is adapting its organization to the new business environment to accelerate growth and support profitability during the recovery phase of the economic crisis and beyond. The new organizational structure, which will become effective as of September 1, 2020, aims at further strengthening the airport travel retail business and other channels, thus driving the company's profitability and preparing growth acceleration.

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  • 18/05/2020

    Results of Ordinary General Meeting of Dufry AG on May 18, 2020

    The Ordinary General Meeting of Dufry AG was held at the offices of Dufry AG at Brunngässlein 12, 4052 Basel, Switzerland, on May 18, 2020 at 14.00 hrs. The meeting was held in compliance with the provisions issued by the Swiss Federal Council on measures to combat the Coronavirus (COVID-19), validly convened and constituted, and shareholders duly registered in the share register of the Company representing 26,423,071 shares and 48% of the total share capital of Dufry AG were represented at the meeting.

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  • 12/05/2020

    Dufry's Q1 2020 Trading Update

    Dufry's turnover reached CHF 1,438.7 million in the first quarter of 2020 equal to - 20.8% in constant FX versus the same period last year. Performance during the first three months of 2020 was significantly impacted by an unprecedented reduction in passengers flows in airports, cruise lines and touristic destinations around the world due to the spread of the Covid-19 crises. In the first quarter 2020, organic growth amounted to -21.4%.

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  • 04/05/2020

    Ordinary General Meeting of Dufry AG on May 18, 2020 – Change in the Proposed Board Member

    The Dufry Board of Directors proposes Mary J. Steele Guilfoile to be elected to the Board of Directors succeeding Andrés Holzer Neumann, who will not stand for re-election at the upcoming Ordinary General Meeting.

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  • 29/04/2020

    Conference Call on Dufry's First Quarter 2020 Trading Update on May 12, 2020

    Dufry will publish its First Quarter Trading Update on May 12, 2020, and there will be a conference call held by Dufry at 14.00h CEST that day.

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  • 27/04/2020

    Ordinary General Meeting of Dufry AG on May 18, 2020

    The Ordinary General Meeting of Dufry AG will be held on May 18, 2020, at 14.00 CEST at the offices of Dufry AG at Brunngässlein 12, CH-4058 Basel, Switzerland.

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  • 24/04/2020

    Dufry successfully completes the placement of 5,500,000 shares and the offering of CHF 350 million convertible bonds

    Share placement

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  • 23/04/2020

    Dufry announces the launch of a placement of shares by way of an accelerated bookbuilding and the offering of approximately CHF 300 million convertible bonds

    Share placement

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  • 23/04/2020

    Dufry announces initiatives to strengthen its capital structure, presents the Board's proposals to the Ordinary General Meeting 2020, and provides preliminary information on first quarter business performance

    Dufry is taking a comprehensive set of initiatives to strengthen its capital structure and liquidity position, in addition to the cost saving and cash flow management measures already announced on March 12, 2020. These initiatives are designed to help the company sustain a prolonged period of significant disruptions and reinforce its competitive positioning in the longer term.

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  • 14/04/2020

    Dufry postpones Ordinary General Meeting of Shareholders 2020

    Dufry's Board of Directors has decided to postpone the Ordinary General Meeting of Shareholders initially scheduled for May 7, 2020. The new date will be announced in due course.

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  • 12/03/2020

    Dufry reaches 3% organic growth and an equity free cash flow of CHF 383.3 million in 2019, delivering on its targets

    Dufry's turnover reached CHF 8,848.6 million in the year with organic growth confirming the acceleration trend and reaching 3.0%. Gross Profit margin expanded by 40 basis points from 59.8% to 60.2% in 2019. Adjusted Operating Cash Flow was CHF 959.9 million, while Equity Free Cash Flow came in at CHF 383.3 million in line with the mid-term Equity Free Cash Flow target of CHF 350-400 million.

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Press Releases & Ad Hoc Announcements

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  • 20/11/2025

    Avolta awarded two 10-year contracts at Washington Dulles International Airport, strengthens North American growth strategy

    Avolta AG (SIX: AVOL), leading global travel retail and F&B player, has been awarded two 10-year contracts at Washington Dulles International Airport (IAD), a key hub serving the Washington, D.C. metropolitan area. The new contracts will add over 700m2 of retail and dining space in the new 14-gate Concourse E, scheduled to open in late 2026.

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  • 30/10/2025 Ad hoc

    Avolta 9M 2025 delivers another set of strong results with record EFCF and deleverages to 1.9x

    Avolta maintains a strong performance with 9M 2025 +5.4% organic growth, 10.2% CORE EBITDA margin and CHF 503m EFCF. October organic growth +6.0% underpins the company’s confidence in achieving its outlook.

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  • 29/10/2025

    Avolta wins 11-year duty-free contract at John F. Kennedy International Airport’s Terminal 8

    Avolta AG (SIX: AVOL) has secured its eighth contract at John F. Kennedy International Airport (JFK) in the USA. Following earlier Terminal 8 wins in travel retail and food & beverage, this new agreement will see Avolta’s Dufry develop the terminal’s duty-free, taking total space to over 4,400 m2, reinforcing the company’s long-term commitment to one of the world’s busiest airports.

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Trade News

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  • Trophy Best retailer at Meadfa Awards 2025

    05/12/2025

    Avolta recognized with multiple honors at MEADFA awards 2025

    Avolta, leading global travel retail and F&B operator, has been recognized across multiple categories at the 2025 MEADFA Awards, earning Best Retailer, Best Marketing Strategy. In addition to the company’s achievements, Avolta’s Pedro Castro received the prestigious Lifetime Achievement Award, honoring his outstanding personal contribution to the industry. These distinctions reaffirm Avolta’s leadership in the Middle East and Africa region, and its continued commitment to elevating the traveler experience.

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  • 04/12/2025

    Avolta expands its F&B footprint at Heathrow with the introduction of distinctly British brand Bill’s

    Avolta, the leading global travel retail and F&B operator, has been awarded a new food and beverage (F&B) contract at London’s Heathrow, broadening its presence and strengthening its longstanding partnership with the UK’s largest airport.

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  • Bottles of champagne on a table

    25/11/2025

    Avolta brings together the best of English Sparkling Wine at Heathrow with Chapel Down, Gusbourne and Nyetimber

    Avolta, in partnership with Heathrow, is strengthening its premium drinks offer with a unique new campaign in its World Duty Free store at Heathrow Airport Terminal 5. Running from November 2025 through to February 2026, the activation celebrates the festive season and beyond, with three of the country’s most renowned producers of English Sparkling Wine – Chapel Down, Gusbourne, and Nyetimber.

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Our Awards

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  • A man with glasses and blak hair wearing a suit

    Lifetime Achievement Award at MEADFA Awards 2025

    Pedro Castro.
    This award recognizes the individual excellence of one of Avolta's long-standing leaders

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  • Trophy Best retailer at Meadfa Awards 2025

    Best Retailer Award at MEADFA Awards 2025

    Avolta

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  • The homepage of Club Avolta app

    Best Marketing Strategy Award at MEADFA Awards 2025

    Club Avolta (MEA)

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