Avolta AG (0QK3)

Profile

https://www.avoltaworld.com

Avolta AG is a Swiss-based global leader in travel retail, food & beverage, and convenience services, headquartered in Basel. Formed in 2023 through the merger of Dufry and Autogrill—whose roots trace back to 1865 with Weitnauer in Switzerland and 1947 with Autogrill in Italy—it operates over 5,100 outlets across 70 countries on six continents, serving approximately 2.5 billion passengers annually at airports, cruise lines, seaports, railway stations, and tourist areas. Avolta AG integrates duty-free and duty-paid retail with dining options, offering a portfolio of more than 1,000 global and local brands through hybrid concepts that blend shopping and F&B for seamless traveler experiences. Key features include the industry-first Club Avolta loyalty program, providing member pricing, partner benefits like lounge access and airline points, and exclusive gifts across its network. The company drives innovation via Avolta NEXT, an AI and tech-focused hub in Milan, and pursues its 'Destination 2027' strategy for growth, reporting CHF 13,725 million in 2024 turnover with strong organic expansion. Committed to sustainability, Avolta AG engages stakeholders in eco-friendly initiatives while navigating competitive travel markets and global passenger volumes. With around 77,000 employees, it emphasizes ethical governance under Swiss standards, fostering resilience through geographic diversification and long-term concessions. Avolta AG plays a pivotal role in enhancing travel ecosystems worldwide.