Strong Organic Growth
The company reported a 7.1% growth at constant exchange rates for the first half of the year, with a strong organic growth of 5.7%, despite challenges such as the U.S. slowdown and geopolitical crises.
EBITDA Margin Improvement
EBITDA margin improved by 30 basis points to 9.3%, aligning with the company's mid-term outlook of a 20 to 40 basis points increase.
Equity Free Cash Flow and Deleveraging
The company generated CHF 216 million in equity free cash flow, enabling a reduction in net debt to EBITDA from 2.35x to 2.15x.
Expansion of Loyalty Program
The Club of Bolta loyalty program reached 13 million members, contributing significantly to sales with members spending 3x the average ticket.
Positive Feedback from Aena
Avolta received praise from Aena, a major airport partner, highlighting successful retail and hybrid concept operations.