Full Year 2025 Avolta AG Earnings Call Transcript

Mar 11, 2026 / 01:30 PM GMT
Release Date Price: $57.22

Key Points

Positve
  • Avolta AG (DUFRY) reported strong organic growth in three out of four regions, with EMEA at 8.2%, Latin America at 7.4%, and Asia Pacific at 6.9%.
  • The company increased its EBITDA margin for the fourth consecutive year, reaching 9.7% in 2025.
  • Equity free cash flow saw a significant increase of 15% year-over-year, reaching CHF 487 million.
  • Avolta AG (DUFRY) successfully reduced its leverage, crossing below the 2 times net debt to EBITDA threshold for the first time in many years.
  • The company announced a new share buyback program of EUR 225 million for 2026, aiming to cancel roughly 10% of its shares over three years, enhancing shareholder value.
Negative
  • The US region experienced flattish growth, impacting the overall performance of Avolta AG (DUFRY).
  • Gross profit margin improvement was not as high as expected, partly due to the slower performance in North America.
  • Concession expenses increased as a percentage of turnover, affecting overall profitability.
  • Lease payments saw a significant increase, raising concerns about cost management.
  • The ongoing conflict in the Middle East poses potential risks, although it currently accounts for only 3% of total turnover.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AVOL.S - Avolta AG
Full Year 2025 Avolta AG Earnings Call
Mar 11, 2026 / 01:30PM GMT

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Presentation
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March 2025 we have reported an organic growth of.

Very strong organic growth in three of our four regions 8.2% in EMEA, 7.4% in Latin America, and 6.9% in the Asia Pacific.

The only region that has not been growing so strongly is the US, with a flattish growth.

So if you take the group without North America, the organic growth would have been 7.9%. We have once more increased the EBITDA margin from 9.4 last year to 9.7 in 2025.

That is the 4th year in a row where we increased the EBITDA margin. In 2022 it was 8.8%. Equity free cash flow has reached 487 million.

This is a 15% increase between 25 and 24.

With a massive Improvement on the cash flow conversion.

From 33.5 to 36.8,
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