As a result of the travel restrictions set worldwide amidst the coronavirus (COVID-19) pandemic, revenues of Avolta, the company formerly known as Dufry, plummeted from 8.85 billion Swiss francs in 2019 to 2.56 billion in 2020. This represented a decrease of over 70 percent in comparison to a year earlier. By 2023, the company's revenues bounced back and amounted to about 12.5 billion Swiss francs. Avolta is a Swiss-based travel retailer operating duty-free stores and convenience stores in airports, cruise lines, seaports, railways, and tourist areas. The company operates over 2,300 stores around the globe. The company rebranded from Dufry to Avolta in early 2024.
Revenue of Avolta (Dufry) worldwide from 2013 to 2023
(in million Swiss francs)
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Avolta. (March 13, 2024). Revenue of Avolta (Dufry) worldwide from 2013 to 2023 (in million Swiss francs) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/566453/turnover-of-dufry-worldwide/
Avolta. "Revenue of Avolta (Dufry) worldwide from 2013 to 2023 (in million Swiss francs)." Chart. March 13, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/566453/turnover-of-dufry-worldwide/
Avolta. (2024). Revenue of Avolta (Dufry) worldwide from 2013 to 2023 (in million Swiss francs). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/566453/turnover-of-dufry-worldwide/
Avolta. "Revenue of Avolta (Dufry) Worldwide from 2013 to 2023 (in Million Swiss Francs)." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/566453/turnover-of-dufry-worldwide/
Avolta, Revenue of Avolta (Dufry) worldwide from 2013 to 2023 (in million Swiss francs) Statista, https://www.statista.com/statistics/566453/turnover-of-dufry-worldwide/ (last visited October 31, 2024)
Revenue of Avolta (Dufry) worldwide from 2013 to 2023 (in million Swiss francs) [Graph], Avolta, March 13, 2024. [Online]. Available: https://www.statista.com/statistics/566453/turnover-of-dufry-worldwide/