Avolta AG (XSWX:AVOL)

CHF 37.5 -0.28 (-0.74%) Market Cap: 5.64 Bil Enterprise Value: 16.06 Bil PE Ratio: 59.52 PB Ratio: 2.39 GF Score: 67/100

Q3 2023 Dufry AG Trading Statement Call Transcript

Nov 02, 2023 / 01:30PM GMT

Release Date Price: CHF32.8 (+1.39%)

Transcript

Operator

Ladies and gentlemen, welcome to the Dufry's Q3 Results 2023 Conference Call and Live Webcast. I am Elli, the chorus call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Mr. Xavier Rosen, CEO of Dufry. Please go ahead, sir.

Xavier Rossinyol Espel

Avolta AG - CEO

Thank you very much for the introduction. Good morning, good afternoon, everybody, and thank you for your interest in Dufry soon to become Avolta. We are presenting today the first 9 months results; I'll go straight away with the presentation in Slide 4 with some of the key highlights. Dufry has a clear strategy, Destination 2027. That is going to provide both growth and resilience on the profitability of the company. This quarter and the first 9 months of the year confirm once more, these positive effects of the strategy. We had a strong organic growth of 16% in the quarter, no slowdown, neither versus the first quarter, the first half of

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