Swiss duty free retailer Dufry reported on Thursday a 67% plunge in underlying first-quarter turnover to 460.3 million Swiss francs ($510 million), hit by travel restrictions to counter the pandemic.
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26 published items with the word (s) or phrase Dufry in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Dufry first quarter turnover plunges on travel restrictions")
Dufry first quarter turnover plunges on travel restrictions -
![]( "Swiss retailer Dufry second-half cash burn close to worst-scenario forcast, annual turnover drops")
Swiss retailer Dufry second-half cash burn close to worst-scenario forcast, annual turnover dropsSwiss duty free retailer Dufry said on Tuesday its average monthly cash burn was 45.7 million Swiss francs ($48.84 million) in the second half, close to its worst case scenario forecast.
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![]( "Dufry to enlist Alibaba as shareholder, signs China JV")
Dufry to enlist Alibaba as shareholder, signs China JVChina's Alibaba plans to acquire a stake of up to 9.99% in Swiss duty free group Dufry, Dufry said on Monday, as it announced a new Chinese joint venture with the tech giant.
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![]( "Dufry to buy rest of American peer Hudson in $311m deal")
Dufry to buy rest of American peer Hudson in $311m dealSwiss travel retail giant Dufry has agreed to buy the rest of Hudson for $7.70 per share in an all-cash deal worth around $311 million. Dufry currently owns 57.4% of the US firm. This will delist Hudson from the NYSE.
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![]( "Dufry expects major cash flow drops as travel retail stays weak")
Dufry expects major cash flow drops as travel retail stays weakSwiss airport retailer Dufry has announced its cash flow estimates in a still-uncertain world and is planning for potential full-year declines in turnover of 40%, 55% and 70%.
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![]( "World Duty Free owner Dufry cuts jobs as travel retail takes huge pandemic hit")
World Duty Free owner Dufry cuts jobs as travel retail takes huge pandemic hitSwiss travel retail giant Dufry AG on Wednesday launched a restructuring programme designed to cut its staff costs as it works to protect its business following the effects of the coronavirus outbreak globally.
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![]( "Dufry cancels dividend, plans private placement of 5.5 million shares, as sales nosedive 90% in April first half")
Dufry cancels dividend, plans private placement of 5.5 million shares, as sales nosedive 90% in April first halfDufry, the world’s largest duty free retailer, has cancelled its planned dividend for 2020 in a move to radically reduce short-term cash outflows; and announced plans to sell 5.5 million shares in a private placement.
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![]( "Dufry slashes 2018 sales target on weakness in Argentina, Brazil")
Dufry slashes 2018 sales target on weakness in Argentina, BrazilAirport retailer Dufry on Monday cut its full-year sales growth target as markets in Brazil and Argentina deteriorated due to economic turbulence.
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![]( "Swiss duty-free retailer Dufry makes solid start to 2018")
Swiss duty-free retailer Dufry makes solid start to 2018The 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.
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![]( "US billionaire Paul E. Singer buys 5.6% stake in Dufry")
US billionaire Paul E. Singer buys 5.6% stake in DufrySinger is understood to have acquired a 5.57% stake in duty-free retailer Dufry through his hedge fund Elliot, a regulatory filing showed on Wednesday.