Dufry AG : Q1 2023 sales preview: a good quarter in prospect...pending the results of the takeover bid
>Q1 2023 preview: sales growth forecast at 70% y-o-y - Dufry is set to publish its Q1 trading update on 10 May. We forecast sales at CHF 1,902m up 70% y-o-y, benefiting from a favourable comparison base (Omicron impacts in Q1 2022). This figure is expected to be broadly in line with that of Q1 2019 and reflects the sharp recovery in air traffic over the quarter (IATA reported traffic levels - based on RPK - representing on average 86% of the Q1 2019 levels). We expect...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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