Avolta AG
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Xavier Rossinyol Espel
- Full Time Employees
- 69,278
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Brunngässlein 12 Basel BS Switzerland 4010
- IPO Date
- Oct 15, 2010
- CIK
- 0001546354
- Website
- avoltaworld.com
- Similar Companies
- Business
- Avolta AG, headquartered in Basel, Switzerland and founded in 1865, operates as a leading global travel retailer, managing duty-free and duty-paid specialty retail shops, convenience stores, and food & beverage outlets across airports, motorways, cruise lines, seaports, railway stations, ferries, border crossings, and downtown tourist areas in over 75 countries on six continents. The company offers a diversified portfolio through retail concepts including General Travel Retail Shops with perfumes & cosmetics, food & confectionery, wines & spirits, clothing & accessories, tobacco, souvenirs, and electronics; Dufry Shopping for duty-free items; Brand Boutiques featuring exclusive brands; Convenience Stores with soft drinks, packaged food, travel accessories, electronics, personal care, souvenirs, press, and books; and Specialized Stores focused on categories such as watches & jewelry, sunglasses, spirits, and destination products; complemented by food & beverage services via legacy brands like Autogrill and HMSHost. Avolta employs over 77,000 people, serves 2.5 billion passengers annually through more than 5,100 outlets at 1,000+ locations, and trades on the SIX Swiss Exchange under ticker AVOL (OTC: DFRYF), with key brands encompassing Hudson, World Duty Free, Nuance Group, Hellenic Duty Free Shops, Reg Staer, Colombian Emeralds, and Duty Free Uruguay. Formerly Dufry AG until its rebranding in November 2023 following the acquisition of Italian restaurant chain Autogrill (including global food operator Host), Avolta has pursued aggressive expansion, including the 2024 purchase of Free Duty, a major Hong Kong border retailer forecasted to add CHF 250 million in sales; long-term concessions such as an 18-year deal at New York's JFK Terminal 6, a 15-year contract at John Wayne Airport (California), a 10-year extension at Athens International Airport, and new awards at Sabiha Gökçen (Turkey), Cologne/Bonn (Germany), Belgrade (Serbia), Riyadh (Saudi Arabia), and Noida (India); plus 182 new outlets adding over 125,000 square meters of space, with its concession portfolio averaging over seven years remaining lifetime. Geographically segmented into Europe/Middle East/Africa, North America, Latin America, and Asia-Pacific, Avolta focuses on hybrid retail-F&B concepts, digital innovations like pre-order apps and phygital experiences, and partnerships with 1,000+ brands to enhance traveler experiences amid resilient post-merger growth.
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