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AVOL — Avolta AG News Story

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Travel retailer Avolta's turnover rises nearly 5% organically in Q3

Oct 30 (Reuters) - Travel retailer and food service operator Avolta AVOL.S reported 4.8% organic growth in its third-quarter turnover on Thursday, supported by its diversified business model in a challenging market environment.

The Swiss company, which runs shops, cafes and restaurants at airports, on cruise liners, in seaports and other tourist locations worldwide, reported a core turnover of 3.79 billion Swiss francs ($4.78 billion) and confirmed its financial targets for 2025 and the medium term.

($1 = 0.7931 Swiss francs)

(Reporting by Anastasiia Kozlova in Gdansk; editing by Milla Nissi-Prussak)

((Anastasiia.Kozlova@thomsonreuters.com))

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