Avolta AG (MEX:DUFN)

MXN 1742.75548 0 (0%) Market Cap: 114.86 Bil Enterprise Value: 374.84 Bil PE Ratio: 35.76 PB Ratio: 2.16 GF Score: 66/100

Q3 2022 Dufry AG Trading Statement Call Transcript

Nov 02, 2022 / 05:15PM GMT

Release Date Price: MXN1742.76

Transcript

Operator

Ladies and gentlemen, welcome to the Dufry's Q3 Results 2022 Conference Call and live webcast. I'm Alice, the Chorus Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Mr. Xavier Rossinyol, CEO of Dufry. Please go ahead, sir.

Xavier Rossinyol Espel

Dufry AG - CEO

Good morning, good afternoon. Welcome to this video call of presentation of the 9-month results of Dufry. I'm here in New York with our CFO, Yves Gerster, and we will go through the presentation together.

Let me start in Page 4 with a business update. Revenues for the first 9 months of the year have reached a little bit more than CHF 5 billion, which is 24% less than 2019, but with a very strong third quarter with more than CHF 2.1 billion sales, which is only 16% below the levels of 2019. Compared to 2021, the organic growth is close to 100% for the first 9 months of the year.

The 9 months EBITDA has reached a little bit less than CHF 464 million, which is EBITDA margin

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