4-Jan-2012 11:11 AM

Dubai Duty Free reports record annual sales in 2011; continued sales growth forecast for 2012

UAE’s Dubai Duty Free reported (02-Jan-2012) record annual sales revenue of AED5.3 billion (USD1.5 billion) in the 12 months ended 31-Dec-2011, an increase of 15.7% year-on-year. The travel retail operator also record monthly sales revenue of AED589 million (USD161 million) in Dec-2011. Dubai Duty Free reported sales at Dubai Airport’s terminal one increased 15% year-on-year, terminal two sales increased 34% while terminal three sales, which accounts for 60% of total sales, increased 14%. The company expects sales of AED6 billion (USD1.6 billion) in 2012. [more – original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More