Swiss travel retailer Avolta's H1 turnover rises 5.7%
31/07/2025 05:39
July 31 (Reuters) - Swiss travel and F&B retailer Avolta AVOL.S on Thursday reported a 5.7% organic rise in its first-half turnover, citing resilient business performance, supported by continued increases in both passenger traffic and spending per traveler. The company, which runs shops at airports, on cruise liners, in seaports, and other tourist locations worldwide, posted a core turnover of 6.61 billion Swiss francs ($8.13 billion), up from 6.34 billion francs a year earlier. The Basel-based company also confirmed its full-year outlook and mid-term targets. ($1 = 0.8131 Swiss francs) (Reporting by Anastasiia Kozlova; Editing by Sonia Cheema) ((Anastasiia.Kozlova@thomsonreuters.com))