Dufry AG ( (DUFRY) ) has released its Q4 earnings. Here is a breakdown of the information Dufry AG presented to its investors.
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Avolta AG is a prominent global player in the travel experience sector, specializing in travel retail and food & beverage services, with operations in 70 countries and over 5,100 points of sale. The company is known for its innovative approach and commitment to sustainable growth.
Avolta AG has reported a robust financial performance for 2024, with a notable revenue growth of 8.9% at constant exchange rates and a CORE EBITDA margin of 9.4%. The company also achieved a significant equity free cash flow of CHF 425 million, marking a 32% increase year-over-year.
Key financial metrics highlight Avolta’s strong performance, including a turnover of CHF 13,725 million and a CORE EBITDA increase of 12.2% year-over-year. The company successfully reduced its leverage ratio to 2.1x and announced a dividend increase of 43% to CHF 1.00 per share. A share buyback program of up to CHF 200 million has also been launched.
Strategically, Avolta expanded its presence in key regions, entering new markets such as Saudi Arabia and Tunisia, and enhancing its offerings in North America and Asia Pacific. The launch of Club Avolta, a global loyalty program, and the opening of the Avolta NEXT innovation hub underscore the company’s focus on innovation and customer experience.
Looking ahead, Avolta remains optimistic about its growth prospects, reaffirming its medium-term targets and projecting continued revenue growth. The company is poised to capitalize on its diversified global presence and innovative strategies to drive shareholder value and redefine the travel experience.