Dufry celebrates achieving 'main goals' in 2016

Dufry celebrated (15-Mar-2017) achieving all "main goals" in 2016, with highlights including:

• Contract extensions accounting for 80,000sqm of retail space;
• Increasing the average life time of the company's concession portfolio to over eight years;
• Integration of World Duty Free successfully completed. Dufry expects the acquisition to amount to synergies over CHF125 million (EUR116 million) p/a, and the "full benefit" to be reflected in end 2017 results;
• Opening 41,800sqm of gross new retail space, and refurbishment of a further 30,000sqm. [more - original PR]