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17/11/2017

Dufry successfully concludes the refinancing of its main bank facilities

Dufry has successfully refinanced its main bank credit facilities of CHF 3.4 billion. Apart from extending the maturity to 2022, the new agreement also features a number of improvements which increase the flexibility for Dufry and which reduce the overall interest expense of the bank debt. Dufry's new financing structure will generate combined yearly interest savings of around CHF 50 million and provides solid foundations for the business in the next years.

16/11/2017

Official Launch for Melbourne Duty Free by Dufry

Yesterday marked the official opening for Dufry’s newly refurbished store in Terminal 2 at Melbourne airport. The fully walkthrough store has been rebranded ‘Melbourne Duty Free by Dufry’ and with 2,743sqm of retail space is 30% larger than the original store it replaces.

14/11/2017

Hudson Ltd. Files Registration Statement for Proposed Initial Public Offering

Dufry AG (Dufry) announced today that its wholly-owned subsidiary, Hudson Ltd., has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of Hudson Ltd.'s Class A common shares.

14/11/2017

Dufry wins tender and renews its concessions with Swedavia for 7 years

Dufry is pleased to confirm that it has won the tender for its store operations in 8 Swedish airports managed by Swedavia, for a further 7 years. Dufry, through its Nuance subsidiary, has managed Swedavia's tax and duty-free stores for the last 16 years, operating 14 stores with a total retail space of 5,950 m². With the win of this tender, Dufry will have the opportunity to open a new 2,000 m² walkthrough store in the Arlanda T5 marketplace as of 2021 as part of an ambitious investment programme, which will see all existing stores being refurbished in the period 2018-19.

03/11/2017

World Duty Free Partners with Award Winning Balblair Highland Single Malt and Glasgow Airport to Launch an Exclusive Single Cask Bottling

World Duty Free recently launched a rare airport exclusive - Balblair 1991 Single Cask 013 - a Balblair Highland Single Malt, chosen and bottled specifically for its World of Whiskies store at Glasgow Airport

01/11/2017

Dufry extends its concession agreement with Malta International Airport

Dufry has signed an extension to its concession contract to operate three stores at Malta International Airport, increasing its commercial space by more than 20%. The new contract term commences January 2019 and ends December 2026. As part of Dufry's global plan to offer passengers a WorldClass.WorldWide experience, the contract renewal includes a substantial investment for the extension and remodeling of the current walk-through departures store, as well as an arrivals store and a last-minute shop.

31/10/2017

Dufry with strong peak season performance: high organic growth and cash generation in the first nine months of 2017

In the first nine months of 2017, turnover reached CHF 6,270.5 million, driven by a strong organic growth performance across the group totalling 7.9%. Gross profit margin expanded by 100 basis points to 59.4% in the period. EBITDA further grew by 8.5% and reached CHF 743.6 million. Free cash flow generation in the third quarter was very strong with CHF 337.1 million.

26/10/2017

Highland Park Marks Opening Of World Duty Free Store at Gatwick with Exclusive Single Cask Bottling

An exclusive single cask bottling of Highland Park Single Malt Whisky has been launched at London Gatwick, to celebrate the opening of the new World Duty Free store in the airport’s North terminal.

25/10/2017

Hudson Group Contributes $40,000 to Greater Houston Community Foundation’s Hurricane Harvey Relief Fund

Created by Mayor Sylvester Turner, the Fund will provide immediate, medium, and longer-term relief to Greater Houston

17/10/2017

Dufry and DFASS debut in Colombia by opening ten stores at El Dorado International Airport

Dufry and DFASS reveal almost 3,200 m² of retail space with a grand opening at El Dorado International Airport, which includes duty-free and duty-paid shops across the international and domestic terminals. Dufry/DFASS bring their expertise to Colombia, offering a full range of high-end luxury goods and several commercial concepts including brand boutiques, specialized shops and the Hudson convenience stores.

16/10/2017

World of Whiskies breaks records with an exclusive, Limited-Edition Old Pulteney Single Malt Whisky

On 12th September World of Whiskies unveiled an exclusive, limited-edition Old Pulteney single malt whisky at Edinburgh International Airport.

16/10/2017

World Duty Free launches 1990 Vintage Cask travel retail exclusive Old Pulteney Single Malt Scotch Whisky at Heathrow

World Duty Free has launched the eagerly anticipated 1990 Vintage Cask Travel Retail Exclusive Single Malt Scotch Whisky in partnership with Old Pulteney and Heathrow Airport.