Swiss duty-free retailer Avolta's first-quarter turnover dips
07/05/2026 05:38
May 7 (Reuters) - Swiss duty-free retailer Avolta AVOL.S reported a fall in quarterly turnover on Thursday amid geopolitical uncertainties. The company, which runs shops at airports, on cruise liners, in seaports, and other tourist locations worldwide, posted a core turnover of 2.90 billion Swiss francs ($3.72 billion) for the first quarter, down from 3.05 billion a year earlier. ($1 = 0.7787 Swiss francs) (Reporting by Ozan Ergenay in Gdansk; Editing by Mrigank Dhaniwala) ((Ozan.Ergenay@thomsonreuters.com; +48 58 746 90 34))