Report
Fehmi Ben Naamane

Avolta : Healthy FY 2023 results. Outperform confirmed

>FY 2023 results a shed above expectations - Avolta has just reported its FY 2023 results, a shade above expectations. Group revenues came in at CHF 12.8bn, growing 16% y-o-y (organic growth at +21.6%, -5.6% forex impact), 2% above consensus expectations. In Q4, there were no surprises in terms of geographical performance. Business remained strong in North America and Europe, with organic growth of +7.8% and 11.6% respectively. These two markets account for more than ...
Underlying
Dufry AG

Dufry is a travel retail company. Co. operates over 1,650 shops worldwide. Co.'s shops are either duty free or duty paid shops, located in airports. Co.'s product categories include: Perfumes and Cosmetics; Confectionery, Food and Catering; Wine and Spirits; Watches, Jewelry and Accessories; Tobacco goods; Fashion, Leather and Baggage; Literature and Publications; Electronics; and Toys, Souvenirs and other goods.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

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