Search Results

29/04/2015

Results of Ordinary General Meeting of Dufry AG on April 29, 2015

The Ordinary General Meeting of Dufry AG was held at the Grandhotel “Les Trois Rois”, Blumenrain 8, 4001 Basel, Switzerland, on April 29, 2015 at 14.00 hrs. The meeting was validly convened and constituted and shareholders duly registered in the share register of the Company representing 20,640,201 shares and 57.49% of the total share capital of Dufry AG were present at the meeting.

22/04/2015

Conference Call on Dufry's First Quarter 2015 Results on May 5, 2015

Dufry will publish its First Quarter 2015 results on May 5, 2015, and there will be a conference call held by Dufry at 15.00 CET that day.

06/04/2015

Ordinary General Meeting of Dufry AG on April 29, 2015

The Ordinary General Meeting of Dufry AG will be held on Wednesday, April 29, 2015 at 14.00 hrs (doors open at 13.00 hrs) at the Grandhotel “Les Trois Rois”, Blumenrain 8, 4001 Basel, Switzerland.

30/03/2015

Dufry's Conference Call on the Acquisition of World Dufry Free Group

On Monday, 30^th March, 2015, Dufry will host a conference call on the announced acquisition of World Dufry Free Group.

30/03/2015

Dufry to acquire World Duty Free

Dufry announces that it has entered into a binding agreement with Edizione S.r.l. ("Edizione") to acquire its 50.1% stake in World Duty Free S.p.A ("WDF"). Following completion of the transaction with Edizione, Dufry will launch a mandatory tender offer for the remaining 49.9% outstanding WDF shares. The combination with WDF will enhance Dufry's global position in the travel retail industry. Dufry expects to generate synergies of up to EUR 100 million¹. On a pro forma combined basis, once fully integrated and including planned synergies, Dufry would have generated a turnover of CHF 7.8 billion in 2014 and an EBITDA of more than CHF 1 billion². The transaction is expected to be value accretive to Dufry shareholders, resulting in a double-digit cash EPS accretion from the second year post-acquisition.

28/03/2015

Dufry to acquire World Duty Free

Not for distribution in the United States, Canada, Brazil, Japan or Australia. Earlier today, Dufry has entered into a binding agreement to acquire Edizione's 50.1% stake in WDF for € 10.25 per share. The transaction values WDF at €3.6bn and will trigger a mandatory takeover offer for the remaining shares. Dufry will finance the acquisition through a mix of debt and equity, raised through a rights issue which is underwritten by a group of banks and well-known cornerstone investors.

12/03/2015

Dufry FY 2014 – solid results delivered based on execution and expansion plans

2014 was an important year for the development of Dufry. In addition to completing the acquisition of Nuance and the execution of important expansion and operational efficiency projects, the company delivered a strong financial performance. Turnover increased by 17.5% and reached CHF 4,196.6 million. EBITDA amounted to CHF 575.6 million with an EBITDA margin of 13.7% and of 14.2% excluding the Nuance consolidation.

19/02/2015

Presentation on Dufry's 2014 Full Year Results on March 12, 2015

Dufry will publish its 2014 Full Year results on March 12, 2015and will hold a presentation on the same day at 15.00 CET.

29/01/2015

Dufry exercises option to buy 20% from minority partner in Brazil

On 28^thJanuary, 2015, Dufry exercised its option to buy 20% of the equity of Dufry Lojas Francas (DLF) for a total amount of CHF 148 million from its minority partner Brasif Group. After the exercise of the option, Dufry holds 80% of DLF.

14/01/2015

Change in the Group Executive Committee of Dufry

Dufry informs that Xavier Rossinyol, presently Chief Operating Officer of Region 1 EMEA & Asia and member of the Group Executive Committee of Dufry Group, will step down from his current position on April 1^st, 2015, and will continue his career outside Dufry Group.

13/01/2015

Dufry to partner with Gap Inc. to open the first Gap brand store in Spain at Málaga - Costa del Sol Airport

Minister for Public Works Ana Pastor will visit the storeIt is the worldwide largest Gap store in an airport, with almost 300m² of retail space

17/12/2014

Dufry extends duration of call/put option in Brazil

Dufry signed an extension until February 2015 on the call/put option to buy 20% of the equity of Dufry Lojas Francas (DLF) in Brazil.