Dufry AG : Group benefiting from upturn in air traffic but conservative vision on the post-summer season
>Recovery continues in Q2 - Dufry's H1 operating performance reflected, as expected, the sharp momentum of the recovery in air traffic in the group's main markets, linked to the lifting of restrictions after the Omicron episode. Interim revenues came in at CHF 2,922m, up 146% y-o-y, and only 30% below H1 2019 figures, a significant acceleration from the -41% decline in Q1. This recovery was driven, as expected, mainly by the US market, which is benefiting from both th...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.
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.
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