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    DUFN   CH0023405456

DUFRY AG

(DUFN)
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Dufry Wins New Five-Year Duty-Free Contract at Cayenne International Airport

05/27/2021 | 01:00am EDT

Dufry has won a new, five-year concession contract to operate the duty-free shop at Cayenne - Felix Eboué International Airport in French Guiana, the French overseas department located in the North of South-America. Cayenne airport served 550,000 passengers in 2019, and Dufry will start operations of the duty-free shop covering 120 m2 on August 1, 2021. With the newly won concession, the company further consolidates its footprint in Central and South America, a geography which includes also the Caribbean and is considered as one of the most important tourist destinations worldwide. The new shop at Cayenne international airport will offer customers a comprehensive assortment of all duty-free core categories such as perfume and cosmetics, confectionary as well as tobacco, jewellery and travel accessories. Travelers will further enjoy a refined selection of local food, rums and souvenirs providing tourists with a great sense of place and attractive memories of this enchanting tropical region and its culture.


© S&P Capital IQ 2021
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Financials
Sales 2021 4 212 M 4 560 M 4 560 M
Net income 2021 -933 M -1 010 M -1 010 M
Net Debt 2021 8 258 M 8 941 M 8 941 M
P/E ratio 2021 -4,49x
Yield 2021 -
Capitalization 4 147 M 4 489 M 4 490 M
EV / Sales 2021 2,95x
EV / Sales 2022 1,77x
Nbr of Employees 17 795
Free-Float 82,4%
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 45,68 CHF
Average target price 62,63 CHF
Spread / Average Target 37,1%
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Managers and Directors
Julián Díaz González Group Chief Executive Officer & Director
Yves Manuel Gerster Chief Financial Officer
Juan Carlos Torres Carretero Executive Chairman
Luis Andrés Holzer Neumann Independent Non-Executive Director
Heek Yung Min Lead Independent Non-Executive Director
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