Home / Knowledge / News / Dufry posts a very strong set of results in Tunisia
Dufry posts a very strong set of results in Tunisia
Apr '08
Dufry's turnover rose by 34% to CHF 1,930.3 million in 2007 from CHF 1,436.3 million in 2006. EBITDA (before other operational result) soared by 62% to CHF 259.3 million, compared to CHF 160.5 million in 2006. EBITDA margin improved by 2.2 percentage points to 13.4% in 2007 from 11.2% in 2006.

In 2007, Dufry performed strongly and grew its turnover by 34.4% to CHF 1,930.3 million from CHF 1,436.3 million in 2006. At constant foreign exchange rates, turnover growth would have been 1.5% higher.The increase in turnover was driven by strong organic growth of 16.7%, mainly as a result of operational improvements. New concessions contributed 5.0% and growth due to acquisitions stood at 14.1%.

Development by Region
Europe grew net sales by 10.3% to CHF 408.7 million in 2007 against CHF 370.5 million in 2006. Italy and Switzerland posted solid double-digit growth backed by recent shop refurbishments.

Dufry's operations in Spain, which opened in 2006, also showed a strong growth based on to the full year effect as well as the ramp up of the operations along 2006 and 2007.

Africa's net sales saw a remarkable increase of 25.4% and reached CHF 183.5 million in 2007 compared to CHF 146.4 million in the previous year.

Morocco performed exceptionally well based on strong organic growth and the openings of new stores. Tunisia also posted a very strong set of results.

Furthermore, Algeria contributed to the region's growth due to the full year effect as did Egypt, where Dufry opened its first shops during 2007.

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search