Message from the Chairman of the Board of Directors
Record levels of turnover and EBITDA
In the financial year 2018, Dufry delivered resilient results, despite a challenging market environment and volatile currency developments in some key markets. Thanks to the implementation of the new Business Operating Model (BOM) initiative and driving our digital strategy, Dufry is well prepared to tackle its next strategic steps ahead. Equally important, we have reduced leverage considerably and as a result started returning cash to shareholders through dividend payment and a share buyback program in 2018. Last but not least, the IPO of Hudson on February 1, 2018, set the basis to strategically develop our North American business.
Record levels of turnover and EBITDA.
Over CHF 600 million returned to shareholders.
Long-term and new shareholders supporting Dufry.
Further extended CSR engagement and reporting.
Ongoing community engagement.
Juan Carlos Torres Carretero
More from the Annual Report 2018
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