• 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.

  • 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.

  • 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.

  • 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

    Conference Call on Dufry’s Nine Months 2017 Results on October 31, 2017

    Dufry will publish its Nine Months 2017 results on October 31, 2017, and there will be a conference call held by Dufry at 13.00 CET that day.

  • 11/10/2017

    Dufry prices EUR 800 million Senior Notes

    Dufry Group, a leading global travel retailer, priced EUR 800 million Senior Notes with a maturity of seven years.  The offering was upsized from the previously announced EUR 500 million amount. The annual interest rate will be 2.5 percent and interest will be payable semi-annually in arrears. Proceeds from the offering are intended to be used to redeem the existing EUR 500 million principal amount of outstanding Senior Notes due 2022 and reduce bank debt.

  • 09/10/2017

    Dufry plans to issue EUR 500 million Senior Notes

    Dufry plans to issue EUR 500 million Senior Notes with a maturity of seven years. Proceeds from the offering are intended to be used, together with cash on hand, to redeem the existing EUR 500 million principal amount of outstanding Senior Notes due 2022.

  • 28/09/2017

    Dufry wins new contract for downtown travel retail operation in Kuala Lumpur, Malaysia

    Dufry has signed an agreement to develop a downtown travel retail operation in Genting Highlands, an Integrated Resort owned by the Genting Group and located in the Titiwangsa Mountains, northeast of Kuala Lumpur, the capital of Malaysia.  The development will be the only travel retail store in the area and it marks an important development for Dufry, by giving it a presence in a new Southeast Asian market.  

  • 25/09/2017

    Dufry wins new concession contract at Toulouse-Blagnac Airport

    Dufry has been awarded a new concession contract to operate two new duty free stores at Toulouse-Blagnac International Airport, due to open in April 2018. The contract is for 5 years and includes a new walk-through duty free store as well as a last-minute duty free shop, with a total commercial area of more than 1800 m2. The new stores are part of the airport’s plans to offer passengers the services of a large international airport, adapted to increases in traffic, including a complete refurbishment and extension of the airport’s commercial area, and enlargement of the current terminal.

  • 21/08/2017

    HNA closes previously announced transaction to buy Dufry shares

    Dufry has been informed by HNA Group that HNA Group has closed the acquisition of the 16.2% of Dufry shares formerly held by GIC and Temasek, a transaction which had been announced on 26 April 2017.

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