Q1 2021 Dufry AG Trading Statement Call Transcript
Ladies and gentlemen, welcome to the first quarter 2021 trading update conference call and live webcast. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Mr. Julián DÃÂaz, CEO of Dufry. Please go ahead, sir.
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Thank you very much for the introduction, operator. These are Julián DÃÂaz and Yves Gerster participating in the call from Basel.
As always, we are going to use the presentation disclosure in our website. Please go to Page 2 and just a comment regarding the agenda. We are going to start with the group financial and business highlights. Then we'll comment on trading. And finally, financial update and outlook.
Please go to Page 4 of the presentation. Organic growth in Q1 was minus 73.9% compared with 2019 and minus 66.7% compared with 2020. Total turnover reached CHF 460
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