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More than double the profit for Dufry in 2004More than double the profit for Dufry in 2004
John Rimmer
13-Jul-2005
Unveiling its results for 2004, the Swiss retailer posts turnover of SFr850.5m and more than doubles its operating profit
Swiss travel retailer Dufry Group posted strong sales growth in 2004 and is continuing to look for opportunities to expand, the company has told RavenFox.com. Announcing its 2004 results, Dufry revealed that last year retail turnover reached SFr850.5m ($654.2m), a rise of 24% on 2003. EBITDA was up by 72.1% to SFr84.3m ($64.8m), while operating profit increased by over 158% to SFr58.7m ($45.2m).
More reaction and details to follow, on RavenFox.com and in DFNI July 15, out now.
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