Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Dufry AG
  6. News
  7. Summary
    DUFN   CH0023405456

DUFRY AG

(DUFN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

World Duty Free wins new, twelve-year contract at Teesside International Airport

05/12/2021 | 01:05am EDT

World Duty Free wins new, twelve-year contract at Teesside International Airport

World Duty Free, a subsidiary of leading global travel retailer Dufry, has won a new concession contract to operate the tax- and duty-free store at Teesside International Airport (UK) for a period of 12 years. Teesside International Airport, located in Darlington North East England, was recently taken into public ownership and is targeting an additional 1.4 million passengers to pass through its doors by 2029, adding to the 148,000 travellers welcomed in 2019. With the newly won concession, Dufry further consolidates its footprint in the UK, where it currently operates duty-free shops at 25 airports.

Work on the development of the new 173 m2 walk-through store will begin shortly and is due to be completed by July, ready to meet the demand as passenger numbers recover. Teesside International Airport has recently secured increased flights to several international destinations including Palma, Alicante, Corfu and Bulgaria, with operators such as Ryanair and TUI. Therefore, to maximise the opportunity presented from 1st January 2021 with the Government's reintroduction of duty-free purchases for all passengers departing the UK, the retail focus in the new store will be on the core categories of liquor and tobacco, along with an extensive range of beauty brands and a selection of accessories.

Commenting on the new contract Fred Creighton, Chief Operating Officer in the UK said, "The team at Teesside International airport have exciting long term plans for the airport, linked to the increased flight schedules anticipated as well as the current overhaul of their security operations and other airport facilities. We are delighted to be part of this new chapter in the airport's story and will deliver a tax- and duty-free store that takes shopping to the next level for all passengers visiting the airport this summer."

Tees Valley Mayor Ben Houchen said: "I'm delighted to welcome World Duty Free to our airport to offer passengers a fantastic range of items in our brand new shop. This is, in some ways, the final piece of the puzzle in our terminal revamp. We've updated check-in desks and security to make passing through easier and more stress-free than ever before, created new food and drink options and lounges to relax in. We've also worked with local companies not just to transform the building and help us carry out this work, but to also on another store showcasing the best of the region. But every airport worth its salt has a duty-free store and by working with World Duty Free, we can provide yet another brilliant draw for people looking to fly from their local airport, complementing our ever-growing list of international summer destinations."

For further information, please contact:

Renzo Radice

Dr. Kristin Köhler

Global Head Corporate Communications &

Global Head Investor Relations

Global Head Investor Relations

Phone: +41 61 266 44 19

Phone: +41 61 266 44 22

Mobile:+41 79 461 23 34

Mobile: +41 79 563 18 09

renzo.radice@dufry.com

kristin.koehler@dufry.com




Provider
Channel
Contact
EQS Group Ltd., Switzerland
switzerland.eqs.com


newsbox.ch
www.newsbox.ch


Provider/Channel related enquiries
cs.switzerland@eqs.com
+41 41 763 00 50
All news about DUFRY AG
06/15ANALYST RECOMMENDATIONS : Anglo American, Pfizer, Rolls-Royce, Nike, Oatly...
06/10DUFRY  : Official Opening for Dufry and RegStaer stores in Pulkovo Airport, St P..
PU
06/10DUFRY  : To Operate New Duty-Free Store At Martinique Airport In 2023
MT
06/10DUFRY  : wins new, ten-year duty-free contract at Martinique International Airpo..
PU
06/10DUFRY  : wins new, ten-year duty-free contract at Martinique International Airpo..
EQ
05/27GLOBAL MARKETS LIVE : HSBC, Royal Dutch Shell, Ford, Volkswagen, Uber...
05/27DUFRY  : To Launch Duty-Free Store At French Guiana Airport
MT
05/27Dufry wins new, five-year duty-free contract at Cayenne International Airport
TE
05/20GLOBAL MARKETS LIVE : Ford, Intel, Cisco, EasyJet, Oatly...
05/20DUFRY  : positive about summer travel as it waits for Europe to reopen
RE
More news
Financials
Sales 2021 4 715 M 5 131 M 5 131 M
Net income 2021 -979 M -1 065 M -1 065 M
Net Debt 2021 7 994 M 8 698 M 8 698 M
P/E ratio 2021 -5,37x
Yield 2021 -
Capitalization 5 674 M 6 178 M 6 174 M
EV / Sales 2021 2,90x
EV / Sales 2022 1,88x
Nbr of Employees 17 795
Free-Float 79,4%
Chart DUFRY AG
Duration : Period :
Dufry AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DUFRY AG
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 64,40 CHF
Last Close Price 62,50 CHF
Spread / Highest target 28,0%
Spread / Average Target 3,04%
Spread / Lowest Target -23,2%
EPS Revisions
Managers and Directors
NameTitle
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
Sector and Competitors
1st jan.Capitalization (M$)
DUFRY AG15.37%6 311
TRACTOR SUPPLY COMPANY24.75%19 741
NEXT PLC9.82%13 762
JARIR MARKETING COMPANY22.84%6 963
MARKS AND SPENCER GROUP PLC12.07%4 011
RENT-A-CENTER, INC.41.55%3 594