×
82 222
Fashion Jobs
SHISEIDO
Associate Manager, Marketing (Hermes Parfums)
Permanent · New York
SHISEIDO
Manager, Channel Marketing
Permanent · New York
SHISEIDO
Sales & Training Executive (Dallas)
Permanent · Dallas
ESTÉE LAUDER
Business Manager - jo Malone London - Bergdorf Goodman - New York, ny
Permanent · New York
ESTÉE LAUDER
Vice President, Global Human Resources Business Partner, Corporate Functions
Permanent · New York
FOOT LOCKER
Digital Marketing Manager, Champs
Permanent · Bradenton
L'OREAL GROUP
Director, SEO
Permanent · New York
L'OREAL GROUP
Assistant Vice President, Amazon Eretail - l'Oreal Professional Products Division
Permanent · New York
L'OREAL GROUP
Account Executive - Skinceuticals (Miami)
Permanent · Miami
NORDSTROM INC
Asset Protection - Security Ambassador -Nyc Flagship
Permanent · New York
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Colorado Springs
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Rice Lake
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Edwardsville
ROSS STORES
Compensation Analyst, Supply Chain
Permanent · Brookshire
ROSS STORES
Store Protection Specialist
Permanent · Harlingen
ROSS STORES
IT Manager ii (Supply Chain Warehouse Core Systems)
Permanent · Fort Mill
SCOTCH & SODA
Head of Buying, Planning, And Allocation
Permanent · New York City
CENTRIC BRANDS
Account Executive - Montreal - Buffalo Jeans
Permanent · Montréal
NEIMAN MARCUS
Manager Operations
Permanent · Pittston
NEIMAN MARCUS
Content Editor
Permanent · New York
NEIMAN MARCUS
Product Manager, Enterprise Data Analytics
Permanent · Denver
NEIMAN MARCUS
Merchandise Planner
Permanent · New York
By
Reuters
Published
May 9, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Swiss duty-free retailer Dufry makes solid start to 2018

By
Reuters
Published
May 9, 2018

The world’s largest duty-free store operator Dufry AG said on Tuesday positive market conditions and its cost-savings plan drove results higher in the seasonally-weak first quarter.


Reuters


The Swiss company reported organic growth of 7.1 percent, lifted by robust performance in Eastern Europe, the Middle East, Asia and Australia. Those markets surged 21 percent. Meanwhile, Latin America and North America posted 9.0% and 8.4% organic growth, respectively.

“The positive market conditions seen throughout 2017 have continued in the first months of 2018 in all divisions... providing a good base for the start into the high season,” Chief Executive Julian Diaz said.

Dufry said initial contributions from its cost-savings plan also helped earnings before interest, tax, depreciation and amortisation (EBITDA) jump 18.4 percent to 183.1 million Swiss francs ($182.5 million).

Revenue rose 6.6 percent to 1.82 billion francs.

“Overall, we expect the market to take today’s results relatively well. The surprise came at the EBITDA level, which was 6 percent above market expectations,” Morgan Stanley analysts said.

Shares in the company are expected to rise more than 2 percent, according to premarket indications from traders.

© Thomson Reuters 2021 All rights reserved.