Avolta AG / Key word(s): Miscellaneous Avolta receives Moody’s upgraded credit rating to Ba2 with Stable Outlook 28.03.2024 / 06:30 CET/CEST Avolta AG (SIX: AVOL), the leading global travel experience player, confirms its upgraded credit rating from Ba3 to Ba2 with Stable outlook according to Moody’s Investment Service announcement yesterday. The credit rating upgrade follows the successful closing of the business combination with Autogrill in 2023 as well as the company’s strong 2023 financial performance, the announcement of a balanced capital allocation policy and the sol...
Avolta AG / Key word(s): Miscellaneous Avolta embarks on 10-year journey with 8 new F&B stores at India’s new Noida International Airport, grows India footprint to more than 100 stores 27.03.2024 / 18:00 CET/CEST Avolta AG (SIX: AVOL), leading global travel experience player has been awarded eight new F&B concessions for 10 years at India’s soon-to-be-opened Noida International Airport, strengthening its presence in India. With a floorspace of more than 1,200 m2, Avolta brings an exciting portfolio of F&B brands, delivering global and local experience with a strong sense of ...
Avolta AG / Key word(s): Miscellaneous Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany 25.03.2024 / 06:30 CET/CEST Avolta AG (SIX: AVOL), the leading global travel experience player, is expanding its presence in Europe, by entering into a new partnership with Flughafen Köln/Bonn GmbH. The contract win sees Avolta open 17 new food and beverage stores at Cologne Bonn Airport, located between the cities of Cologne and Bonn, Germany. With 24/7 operations and access to a population of 17 million...
Avolta AG / Key word(s): Miscellaneous Avolta wins new 6-year duty-paid contract at Maceió-Zumbi dos Palmares International Airport in Brazil 21.03.2024 / 18:00 CET/CEST Avolta AG (SIX: AVOL) is delighted to announce a new six year contract at Brazil’s Maceió-Zumbi dos Palmares airport to operate a 170m² duty paid store. An international gateway to vibrant tourist destinations and historic cities, the airport attracts over 2.5 million passengers annually (2023 figures), and with the win of this duty paid contract in a new airport location, Avolta further extends its already ...
Avolta AG / Key word(s): Miscellaneous Avolta affirms partnership with Edinburgh Airport: 20+ years of operations strengthened by 7-year contract extension, grows floorspace by 30% 20.03.2024 / 18:00 CET/CEST Avolta AG (SIX: AVOL) has successfully extended its contract to operate the tax and duty free store at Edinburgh airport for an additional seven years. Strengthening the company’s 20+ years of operations at the same store, the contract win also represents an increase in retail space of 30%. Edinburgh airport is the busiest airport in Scotland, handling almost 15 million...
Avolta AG / Key word(s): Miscellaneous Avolta wins nine-year contract for 26 stores in Istanbul’s Sabiha Gökçen International Airport 13.03.2024 / 18:00 CET/CEST Leading global travel experience player Avolta AG (SIX: AVOL), is affirming and growing its presence in Türkiye. Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport. The contract is a significant extension to the company’s ex...
>Full-year results slightly beat forecasts, with a very decent Q4 - Avolta published full-year results a shade above expectations. The main difference to forecasts was the margins; that of 2023 core EBITDA came to 9.0%, 40bp above the consensus’ forecasts (+30bp vs 2022), namely +150bp higher in Q4 alone. In our view, one of the main factors that drove this performance in the last quarter was the brisker activity in the EMEA zone (organic growth at +11.7% in Q4), nota...
>Résultats annuels surpassant légèrement les attentes, soit un T4 de très bonne facture - Les résultats annuels d’Avolta sont ressortis légèrement au-dessus des attentes. Le principal décalage par rapport aux attentes concerne les marges, ainsi, celle du Core EBITDA 2023 ressort à 9.0%, soit 40 pb de plus que les attentes du consensus (+30 pb vs 2022), soit +150 pb de plus sur le seul T4. Un des principaux éléments qui a tiré cette performance, sur le dernier trimestr...
>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 ...
>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 ...
Avolta AG / Key word(s): Miscellaneous We are delighted to invite you to our Full Year Results 2023 Presentation Webcast: 22.02.2024 / 07:00 CET/CEST Thursday, 07 March 2024 at 14.30h CET The presentation will be led by Xavier Rossinyol, Chief Executive Officer, and Yves Gerster, Chief Financial Officer of Avolta. Together, they will share insights into our financial achievements, strategic milestones and forward-looking plans. Accessible via webcast and phone, the presentation will be held in English and will be followed by a Q&A session. Media Release & Presentation Full ...
Avolta AG / Key word(s): Miscellaneous Avolta and Corporación America Airports unite for Strategic Airport Enhancement in Uruguay 17.01.2024 / 18:05 CET/CEST Avolta, the leading global travel experience player, and Corporación America Airports (NYSE:CAAP), the leading private airport operator managing 53 airports in 6 countries, proudly announce their collaborative initiative to elevate the airport retail experience. In a pioneering move, Avolta and Corporación America Airports have forged a partnership to revolutionize travel retail in Uruguay, seeking to establish a novel ...
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