Duty-free retailer Dufry's Q1 sales soar on post-COVID travel boom

Swiss duty-free retailer Dufry on Thursday posted 144.5% organic sales growth for the first quarter, supported by an uptake in travel in Europe and the Americas as coronavirus curbs were eased.

The Basel-based company reported turnover of 1.12 billion Swiss francs ($1.14 billion) in the January-March period, compared with 460.3 million a year earlier, but still 40% below 2019 pre-pandemic level.