Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Company Earning Updates 3 minutes

Dufry (SIX: DUFN) FY18 Results: Solid Year Despite Second-Half Headwinds, Company Expects Strengthening of Revenue Growth

Coresight Research

Key Points

  • Dufry reported FY18 revenues slightly ahead of expectations, with organic growth of 2.7% versus consensus of 2.4%.
  • Organic revenue growth was solid in North America, at 6.8%. Organic growth was 15.1% in the Eastern Europe, Middle East, Asia and Australia region: Management pointed to “solid performance” in Cambodia, Macau, Korea and Indonesia.
  • Management expects a gradual improvement in organic growth over FY19: In the first two months of 2019, organic growth was above 3%.

Please Log In to read the full report. Not a member? Register for a free user account.

Other research you may be interested in:

Do NOT follow this link or you will be banned from the site!