The Swiss tour operator said that its sales in the first three months of 2020 reached 1.4 billion Swiss francs, down -23.6% compared to 1.9 billion Swiss francs in the same period of 2019.
Sales fell organically by -21.4%. In April alone, sales plummeted 94.1% in the space of a year.
In his press release, Dufry said he was “well prepared” to face a difficult year. This did not prevent the shares from falling -5.7% Zurich Tuesday morning.
Copyright (c) 2020 CercleFinance.com. All rights reserved.