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Hellenic Duty Free shares continue to climb

Shares in Hellenic Duty Free have continued to climb, with the stock posting a 5.4% gain in trading on Wednesday. The stock hit a 52-week high of EUR13.85 per share, before retreating slightly to EUR13.70.

Hellenic Duty Free sales for the nine months to Nov-2010 increased 6.7%, although EBITDA dipped 2.4% in the period. The company noted per passenger spend dipped 3.2% over the nine months. HDF completed a merger with Folli Follie and Elmec Sport at the end of Dec-2010.

Selected airport suppliers daily share price movements (% change): 19-Jan-2011

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