Dufry 2022 Highlights
NEW STRATEGY «DESTINATION 2027»
Dufry presented its new strategy «Destination 2027», which builds on four pillars to enhance passengers’ experience along their whole journey.
DUFRY & AUTOGRILL JOIN FORCES
The combination of Dufry and Autogrill creates a new customer-centric, integrated global travel experience player, who redefines the boundaries of the industry.
CHF 6,878.4 MILLION TURNOVER, 76.1% ORGANIC GROWTH AND 8.8% CORE EBITDA MARGIN
Resilient demand for travel with spend-per-passenger above-2019 levels, results in a strong organic growth increase of 76.1 % versus 2021. Target CORE EBITDA margin reached ahead of time.
NET DEBT POSITION FURTHER DECREASED TO LOWEST LEVEL SINCE 2015
Dufry’s net debt position further decreased ahead of plan to now only CHF 2,810.7 million as of December 31, 2022, meeting covenant thresholds well ahead of the required timing.
STRONG CASH FLOW GENERATION CONFIRMED
Dufry confirmed its strong cash flow generation capability reaching an above target Equity Free Cash Flow (EFCF) of CHF 305.2 million in FY 2022, despite macroeconomic and geopolitical challenges.
20% OF ELECTRICITY REPLACED WITH RENEWABLE ENERGY
In line with its target to reach climate neutrality for Scopes 1 & 2 by 2025, Dufry has replaced 20% of its electric energy consumption (based on 2019 levels) with renewable energy in 2022.
FIRST TCFD REPORT PUBLISHED
Dufry has published its first TCFD Report (Task Force on Climate-Related Financial Disclosures) for the 2022 business year in early 2023.
SBTI VALIDATES DUFRY’S EMISSION REDUCTION TARGETS
SBTi (Science Based Targets initiative) has validated Dufry’s emission reduction targets for scopes 1, 2 & 3.
NEW MIND.BODY.SOUL. SHOP-IN-SHOP CONCEPT LAUNCHED
The innovative new retail concept was successfully introduced in several locations globally and caters for the increasing customer interest in purchasing healthier and more sustainable products.
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