ISIN:CH0023405456

We are delighted to invite you to our Q1 2024 Trading Update Presentation Webcast: Thursday, 16 May 2024 at 14.30h CEST

Retrieved on: 
Friday, May 10, 2024
Webcast, Q&A

We are delighted to invite you to our Q1 2024 Trading Update Presentation Webcast:

Key Points: 
  • We are delighted to invite you to our Q1 2024 Trading Update Presentation Webcast:
    The presentation will be hosted by Xavier Rossinyol, Avolta CEO, and Yves Gerster, Avolta CFO.
  • Accessible via webcast and phone, the presentation will be held in English and will be followed by a Q&A session.
  • A playback will be available until 16 June 2024.
  • If you are unable to register through the link, please send an e-mail to [email protected].

Avolta actively growing in APAC: secures new duty-free contract at Kualanamu International Airport in Medan, Indonesia

Retrieved on: 
Friday, May 3, 2024
Pura, Kualanamu International Airport, Cosmetics, Travel, Tobacco, Business development, Medan International Airport, Airline

Avolta actively growing in APAC: secures new duty-free contract at Kualanamu International Airport in Medan, Indonesia

Key Points: 
  • Avolta actively growing in APAC: secures new duty-free contract at Kualanamu International Airport in Medan, Indonesia
    Avolta AG (SIX: AVOL), leading global travel experience player, increases its footprint in Asia-Pacific, securing a new duty-free contract for two stores at Kualanamu International Airport*, serving the city of Medan and North Sumatra.
  • Expected to commence operations in July 2024, Avolta will first open a 350m2 temporary departures store as well an arrivals store of close to 300m2, directly after security and immigration respectively.
  • From this time, both outlets will continue their operations for a period of five years.
  • We hope to provide our growing international passengers at the airport, be they tourists or business travellers, an immersive and unique shopping experience, that will elevate their comfortable travel through our airport to the next level."

Avolta wins new store at Copenhagen Airport, introducing exciting local pizza and craft beer concept

Retrieved on: 
Friday, May 3, 2024
Vegetable, F&B, Food, Travel, Beer, SMAG, Seafood, Partnership, Copenhagen Airport, Light, Burger King, Name

Neighbourhood serves a modern interpretation of the classic Italian pizza – made with sourdough, it’s lighter and crispier. Taking flavor inspiration from around the world, the toppings are a seasonal unique combination of greens, vegetables, cheeses, seafood, meats and more, promising a fresh twist on a classic pizza. Travelers can choose from 15 beers on draft from To Øl, alongside the classic cocktails Neighbourhood’s become known for downtown. Brewed in Denmark, To Øl is loved by locals and visitors alike, for its wide variety of contemporary beers, ranging from fresh and floral to hoppy, from light, to dark and strong. There is a beer to suit all tastes and pallets. 
Walter Seib, CEO Northern, Central and Eastern Europe, Avolta said: “It is a privilege to play a part in Copenhagen Airport’s F&B development and to support its vision to introduce local heroes to the airport. We work with brands all over the world, from global household names through to our own bespoke concepts. What gets us really excited is translating local brands into high traffic heroes, to deliver a strong sense of place to our guests as they travel abroad or return home. Neighbourhood, Pizza and Craft Beer differentiates itself from typical pizza concepts with a high-quality offering in a casual and intimate atmosphere with views over the terminal.”
“Neighbourhood is a slice of Copenhagen and a beloved spot in the city. This is exactly the vibe and experience we want to share with the travelers in Copenhagen Airport. The combination of creative and flavorful pizzas, an impressive selection of drinks and great atmosphere has universal appeal," said Casper Frimann, Food & Beverage Business Partner, Copenhagen Airport.
Martin Beck Duedahl, Founder, Neighbourhood, Pizza & Craft Beer said: “Neighbourhood is all about Nordic cosiness, mixed with a different take on pizzas and paired with awesome drinks. We offer adventurers, travelers, colleagues, and good folk arriving home a cosy spot to enjoy a definitely NOT Italian pizza with a Nordic twist and a local Danish brew. Raised above the hustle of the main airport, we are here to send you off refreshed or welcome you back home safe."
This is Avolta’s fifth dining outlet at Copenhagen Airport, adding to a diverse portfolio including Burger King and Copenhagen Coffee Lab in Terminal 2, plus Pier B and SMAG in Terminal 3.
-----About Copenhagen Airport 
Copenhagen Airport in Kastrup (CPH) on the island of Amager was founded in 1925 and is among the oldest airports in Europe. From here, Danes and southern Swedes can fly directly to more than 160 destinations. The airport is also a traffic hub, which means that passengers fly from Scandinavia and Northern Europe via CPH and onwards to the rest of the world. The airport is one of the country's largest workplaces and houses more than 700 companies with 16,500 employees. The company Copenhagen Airports A/S has 2,400 employees.

Key Points: 
  • Avolta wins new store at Copenhagen Airport, introducing exciting local pizza and craft beer concept
    Leading global travel experience player Avolta AG (SIX: AVOL), is reinforcing its presence at Copenhagen Airport with a six-year contract for a new store.
  • In line with its commitment to create authentic sense of place for travelers, Avolta recently opened much-loved local pizza concept, Neighbourhood, inviting passengers to taste its crispy sourdough pizzas, and a selection of craft beers from local hero, To Øl.
  • Neighbourhood serves a modern interpretation of the classic Italian pizza – made with sourdough, it’s lighter and crispier.
  • Martin Beck Duedahl, Founder, Neighbourhood, Pizza & Craft Beer said: “Neighbourhood is all about Nordic cosiness, mixed with a different take on pizzas and paired with awesome drinks.

Avolta extends retail contract with Athens International Airport to 2034

Retrieved on: 
Friday, May 3, 2024
International airport, Travel, Athens International Airport, Partnership, Cosmetics, Hellenic Duty Free Shops, Perfume, Airport, AIA, Airline

Avolta AG (SIX: AVOL), the leading global travel experience player, will build on its longstanding retail presence at Greece’s Athens International Airport with a ten year contract extension until the beginning of 2034.

Key Points: 
  • Avolta AG (SIX: AVOL), the leading global travel experience player, will build on its longstanding retail presence at Greece’s Athens International Airport with a ten year contract extension until the beginning of 2034.
  • The contract extension sees Avolta continue to operate 31 retail stores, over a combined floor space of more than 4,900 m2 in Greece’s busiest airport.
  • Avolta’s subsidiary Hellenic Duty Free Shops has operated duty-free retail stores at Athens International Airport since the airport first commenced operations in 2001.
  • George Eleftherakos, Chief Development Officer, Athens International Airport, said: "We are excited to expand our long-lasting relationship with Avolta, acclaimed operators of the largest retail concession at the Athens International Airport.

Avolta enhances financial position with successful refinancing initiative

Retrieved on: 
Friday, May 3, 2024
Debt-to-GDP ratio, CHF, Senior, EUR, Growth, Note, Security (finance)

Avolta AG (SIX: AVOL), the leading global travel experience player, has announced the successful completion of its refinancing initiative, further enhancing its financial flexibility by extending its average debt maturity.

Key Points: 
  • Avolta AG (SIX: AVOL), the leading global travel experience player, has announced the successful completion of its refinancing initiative, further enhancing its financial flexibility by extending its average debt maturity.
  • Following the successful placement of the EUR 500 million Senior Notes due 2031 last week, Avolta has successfully completed its refinancing initiatives with the closing of a cash tender offer to existing bondholders of the outstanding EUR 800 million Senior Notes due 2024.
  • Commenting on this, Yves Gerster, Avolta’s Chief Financial Officer, said: “We are very pleased to announce a successful refinancing.
  • This significantly extends our debt maturity, enhances our financial flexibility and underscores investor confidence in our robust growth trajectory.”

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Retrieved on: 
Wednesday, April 10, 2024
Letter, Annual

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Key Points: 
  • Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024
    Avolta publishes the invitation to its Annual General Meeting 2024.
  • The event will take place on May 15, 2024 at 14:30 CEST (doors open at 14:00 CEST), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.
  • The Annual General Meeting invitation and agenda, as well as the Letter of Avolta’s Chairman to Shareholders, can be accessed here: 2024 Ordinary General Meeting.

Avolta proudly announces expanded contract with Norwegian Cruise Line: wins 4 new ships, boosts total presence to 18 ships

Retrieved on: 
Wednesday, April 10, 2024
IWC, Norwegian Encore, NCL, Partnership, Cartier, Norwegian Cruise Line, Pandora, Travel, Panerai, Food, Worldwide Angel, Cruise line, Love, Ship, Bulgari, Swarovski, Recreation, Tourism

Avolta proudly announces expanded contract with Norwegian Cruise Line: wins 4 new ships, boosts total presence to 18 ships

Key Points: 
  • Avolta proudly announces expanded contract with Norwegian Cruise Line: wins 4 new ships, boosts total presence to 18 ships
    Avolta, leading travel experience player, has been chosen as the main retail partner by Norwegian Cruise Line (NCL), expanding their presence across nearly the entire NCL fleet and strengthening the company’s cruise portfolio.
  • The major cruise company has awarded Avolta new contracts on a total of four NCL ships as well as renewing its existing contracts for 14 NCL ships.
  • Avolta is kicking off new contracts on Norwegian Viva, Norwegian Prima, Norwegian Star, and Norwegian Encore.
  • These contract wins represent a significant accomplishment for Avolta, who will now operate on 18 of NCL’s current 19-ship fleet as the company’s main duty-free operator.

Avolta prices EUR 500 million of senior notes

Retrieved on: 
Wednesday, April 10, 2024
EUR, The International Stock Exchange, European Economic Area, Official List, Financial services, Sale, Senior, Prospectus, EEA, Note, Debt-to-GDP ratio, FSMA, Security (finance)

Avolta today priced an offering of EUR 500 million aggregate principal amount of 4.750% Senior Notes due 2031 (the “Notes”).

Key Points: 
  • Avolta today priced an offering of EUR 500 million aggregate principal amount of 4.750% Senior Notes due 2031 (the “Notes”).
  • Proceeds from the offering are expected to be used to refinance a portion of Avolta’s outstanding Senior Notes due 2024.
  • It is expected that the Notes will be admitted to the Official List of The International Stock Exchange.
  • Avolta has no intention to register any portion of the offering of these securities under the Securities Act.

Avolta wins nine-year contract for 26 stores in Istanbul’s Sabiha Gökçen International Airport

Retrieved on: 
Wednesday, April 10, 2024
F&B, Growth, KFC, Partnership, Coffee, Travel, Glass, Foodservice, Sabiha, Starbucks, Airline

Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport.

Key Points: 
  • Recently confirming the award of a nine-year contract for 26 food & beverage (F&B) stores at Istanbul Sabiha Gökçen International Airport, Avolta is renewing its existing 22 F&B stores and introducing four additional F&B locations to the airport.
  • Now, Avolta is set to enhance its portfolio with four exciting new stores, blending global and local flavors and designs to create a sense of place for every traveler.
  • Avolta will also open a proprietary bar to be fueled by Anadolu Efes, a popular Turkish beer producer and Europe’s fifth largest brewer.
  • It marks a significant milestone in the company’s partnership with Sabiha Gökçen International Airport, and reinforces Avolta’s commitment to the airport’s continued growth and evolution in the years ahead.

Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany

Retrieved on: 
Wednesday, April 10, 2024
Burger King, F&B, Cologne Bonn Airport, Growth, Face, Pay, Partnership, Espresso House, Tiger, Food, Wind, QR, City, Airline

Walter Seib, CEO Northern, Central and Eastern Europe, Avolta said: "This tender win marks a significant milestone, as we enter into a new long-term partnership with Flughafen Köln/Bonn GmbH. We are honored to be identified as their preferred partner, and are thankful for the opportunity to bring our expertise in food and beverage to Cologne Bonn Airport. It is a great example of our Destination 2027’s strategy for growth in EMEA, with a focus on long-term partnerships in areas where we can leverage our existing presence. A big thanks also goes out to the Avolta team whose collaborative efforts were vital to us securing this significant contract. Our aim is to transform the experience of travelers passing through Cologne Bonn Airport over the next ten years, and make travelers happier.”
“The new partnership with Avolta is a milestone and will permanently change the face of the airport," says Thilo Schmid, Chairman of the Managing Board at Flughafen Köln/Bonn GmbH. "The versatile concepts for a total of 17 gastronomic areas are part of a completely new retail and gastronomy concept in the terminals, with an unmistakable regional connection to our destination. We are proud to have won the renowned company Autogrill under the umbrella of the globally active Avolta AG as a new partner of Flughafen Köln/Bonn GmbH as part of a Europe-wide tendering process, whose innovative plans reflect our idea of the future design of our airport in the best possible way.”
The 17 new F&B stores will open in Terminals 1 and 2 of Cologne Bonn Airport, establishing a retail footprint of approximately 3800 m². Travelers will discover a range of proprietary stores, including Brewgate, Le Crobag, and Two Tigers, as well as iconic franchise brands including Burger King, Espresso House and Simit Saray amongst others. Avolta’s offering will include quick service restaurants and grab & go solutions, supported by digital kiosks and Order & Pay systems via QR code, to make ordering more efficient for travelers with less time. Travelers looking for a quiet space to wind down or work between flights can enjoy table service restaurants like Terracotta or heritage restaurant Früh bis Spät, which serves local Kölsch beer.
-----About Cologne Bonn Airport
Cologne Bonn Airport is one of the most important commercial airports in Germany. In 2023, around 9.8 million passengers used the airport. Around 870,000 tonnes of air cargo were handled here. Every year, more than 120 destinations in Europe and beyond are served. 
The Airport lies at the heart of one of the biggest import and export regions in Europe. Cologne Bonn Airport is a major economic factor and one of the biggest places of employment in the region. Climate protection and sustainability are an important part of the corporate strategy. By 2045 at the latest, the airport intends to be completely carbon neutral. 

Key Points: 
  • Avolta adds Cologne Bonn Airport to operational portfolio with award of 17 new stores for ten years, strengthens footprint in Germany
    Avolta AG (SIX: AVOL), the leading global travel experience player, is expanding its presence in Europe, by entering into a new partnership with Flughafen Köln/Bonn GmbH.
  • The contract win sees Avolta open 17 new food and beverage stores at Cologne Bonn Airport, located between the cities of Cologne and Bonn, Germany.
  • We are honored to be identified as their preferred partner, and are thankful for the opportunity to bring our expertise in food and beverage to Cologne Bonn Airport.
  • A big thanks also goes out to the Avolta team whose collaborative efforts were vital to us securing this significant contract.