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04-Apr-2011 2:28 PM

Dufry AG shares spike

Analysis

Shares in Dufry AG, the Swiss-based travel sector retailer, jumped 7.9%. Dufry recently forecast organic revenue growth of above the forecast international passenger growth rate of 4-5% 2011, following revenue growth of 10% in 2010.

Summary
  • Dufry AG's shares rose by 7.9% following its forecast of organic revenue growth above the international passenger growth rate.
  • gategroup's shares were 4.2% stronger, indicating positive market sentiment towards the travel sector retailer.
  • Lotte shares experienced a 2.4% increase, suggesting growing investor confidence in the company.
  • Lagardere shares saw a 2% rise, indicating a positive market response to the company's performance.
  • The overall trend in Duty Free and airport retail share prices on 4-Apr-2011 was positive.
  • These share price movements reflect the market's optimism towards the travel sector and its potential for growth.

Shares in gategroup were 4.2% stronger, while Lotte shares rose 2.4% and Lagardere shares were 2% higher.

Selected Duty Free and airport retail share price movements (% change): 4-Apr-2011

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