Commercial Sales Results
Zurich Airport passenger traffic surges ahead of commercial turnover growth in February
Airside spend per departing passenger slipped -2.2% compared to February 2023, reaching CHF22.50 (US$25.61).
The airline posted its full-year results for 2023, recording profits of US$394 million driven by a +40% increase year-on-year in passenger numbers.
Sales to foreigners surged by +29% over December 2023 due to heavy ordering by daigou traders before new regulations curbing reseller activity were introduced on 1 February.
We present highlights, as the Avolta leader shares fascinating insights into his company’s recent performance, growth forecasts and future strategy in a fascinating live webcast.
“2023 was a very successful year for Avolta. The company completed a transformational business combination redefining the global travel retail and food & beverage industry,” says an upbeat CEO Xavier Rossinyol.
In 2024 the Spanish airports group plans tenders for outlets covering around 9% of food & beverage turnover and 13% of speciality shop turnover.
The leading global travel retailer today reported €5,018 million in revenue for 2023, with recurring EBIT in the division almost doubling.
ESTONIA. Leading Baltic Sea cruise ferry company Tallink Grupp today reported full-year results for 2023, with shop and restaurant sales climbing by +3.2% year-on-year to €391 million. Retail traditionally accounts for around three-quarters of the combined shopping and dining business at sea and on shore. The increase in sales did not keep pace with +4.5% […]
Extime Paris sales outperformed passenger traffic growth in a strong year for commercial activities, says Groupe ADP.
Average daily sales reached CNY395 million (US$55.3 million), an increase of +7.15% year-on-year.
Profits reached BD4.287 million (US$11.38 million) for the year, though total comprehensive income for the period decreased by -24% year-on-year.
Louis Vuitton and Bulgari are among the big boutique openings planned for 2024 at Amsterdam Airport Schiphol, after a solid recovery in commercial activities in 2023.
Strong performances in Japan, Emerging Asia and travel retail offset a challenging environment in North America, says the premium drinks group.