Media

17/01/2025 Ad hoc

Avolta to launch share buyback of up to CHF 200m

In accordance with Avolta's reinforced capital allocation policy announced on 31 October 2024, the company’s Board of Directors has resolved to launch a share buyback program for the purpose of the subsequent cancellation of up to CHF 200 million worth of Avolta AG registered shares. This strategic initiative aims to enhance shareholder value in line with Avolta’s Destination 2027 strategy.

23/12/2024

Avolta completes cancellation of 6.1 million shares

04/12/2024

Avolta Awarded Contracts to Develop Retail and F&B Concessions for 11+ years in JFK International Airport’s Terminal 8

On the heels of its recent contract win in JFK Terminal 6, Avolta will create a travel experience revolution in Terminal 8 through concepts that bring the world-renowned culture and flavor of New York City to the heart of the terminal through iconic culinary experiences, locally inspired retail, and hybrid concepts. The combined value of Avolta’s T6 and T8 wins corresponds to around +3% increase to the company’s revenue in the region.

04/12/2024

Avolta teams up with Ecoalf to create new uniforms from recycled materials

Avolta (SIX: AVOL), the leading global travel experience player, announces its collaboration with Ecoalf, sustainable lifestyle brand and Spain’s first fashion company to receive the B Corporation sustainability certification in 2018, to create employee uniforms from recycled materials for the duty-free stores at the airports of Palma de Mallorca, Ibiza and Mahón. This collaboration is part of Avolta's sustainability strategy in Spain, teaming up with trusted partners to create a sustainable travel experience while supporting the communities the company works in and safeguarding the planet. 

03/12/2024

Avolta Next launches an Innovation Hub in Milan – the company’s first physical space for innovation and start-ups

Avolta Next opens a physical space dedicated to accelerating tech innovations focused on the food and beverage (F&B) sector. The five winners of an initial call for ideas have set up their operations at the Milan headquarters of Avolta’s leading F&B operator Autogrill and will develop innovative solutions and tools to improve the traveler experience. The Avolta Next Hub Milan is a testament to Avolta’s approach to innovation and its role in a major industry transformation.

02/12/2024

Avolta enters the Saudi Arabian market: new F&B contract at Riyadh’s King Khalid International Airport

Avolta AG (AVOL: SIX), the leading global travel experience player, announces its market entry in Saudi Arabia with a new contract to operate 10 food & beverage (F&B) concepts, spanning 2,125 m², across King Khalid International Airport’s Terminals 1 and 2 in Riyadh. The expansion reinforces Avolta’s presence in the Middle East while introducing new international brands to the country’s airport sector for the first time. By elevating the traveler experience Avolta contributes to Saudi Arabia’s strategy of attracting 150 million tourists by 2030.

27/11/2024

Avolta Wins Significant Tender at John F. Kennedy International Airport — another large Contract Award of 2024 in North America

In partnership with JFK Millennium Partners, Avolta companies Hudson and Dufry will set a new standard for travel retail in North America through the development of more than 2,600 m² of reimagined space with an 18-year contract in JFK’s new, state-of-the-art terminal set to open in early 2026. Combined with earlier announced wins and renewals, this new win further strengthens Avolta’s leadership in the US travel retail and F&B market.

25/11/2024

Avolta wins new ten-year contract, adds Manaus Airport to Brazil portfolio

Leading global travel experience player Avolta AG (SIX: AVOL) further extends its already significant footprint in Brazil, announcing a new ten-year contract at Manaus Airport. Avolta will operate four new stores across more than 1,000m² of duty-free and duty-paid space at the airport, which attracts over 2.8 million passengers annually, representing the addition of a critical new hub to Avolta’s network in Brazil.