27-Apr-2009 11:25 AM
Dufry, LVMH have strong days – SHARE WRAP
Analysis
Shares in Dufry, the global travel retailer with operations in 41 countries, surged 17.5% on Friday, for no apparent reason. It is over two weeks since the Swiss company released its 2008 financial results, including an 18% increase in turnover (on constant FX rates). EBITDA (before other operational results) increased by 23% on constant FX rates, while EBITDA margin improved by 0.5 ppts to 13.9% in 2008.
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