Commercial Sales Results
Delhi Duty Free hits record sales of US$261 million amid passenger growth and retail innovation
Delhi Duty Free has recorded its highest-ever annual sales of INR21.77 billion (US$261 million) for the financial year ending 31 March, eflecting a +12% growth compared to FY 2023-24.
Latest South Korean duty-free numbers show sharp drop in sales to foreign customers for first two months
A -26.9% year-on-year decline in sales to foreigners on an +11.8% increase in customer volume for the first two months of 2025 was reflected in a -22% fall in total sector revenues.
Expanded retail and dining network boosts London Gatwick Airport commercial performance in 2024
A series of new and upgraded stores and restaurants helped drive a +16.2% surge in London Gatwick Airport retail income to £241.3 million (US$312 million) in 2024, the airport company has reported. The growth outpaced a +5.7% increase in passenger traffic to 43.2 million.
Hainan duty-free sector hits US$34.5 billion in sales over 14 years
Between April 2011 and 16 March 2025, the island’s duty-free sector attracted 45 million shoppers purchasing 318 million items.
Fraport Group retail revenue maintains growth ahead of passenger traffic in 2024
Net retail revenue per passenger reached €3.35, a slight improvement on €3.30 in the previous year.
Avolta CEO Xavier Rossinyol seeks to allay investor concerns over US market slowdown
“Our forecast is the USA will improve in the second half of the year,” said Avolta CEO Xavier Rossinyol in an earnings call on Wednesday as the company shared its 2024 financial results.
Analysis: The outlook for Europe’s airports amid slowing passenger spend
New forecasts from Blueprint, backed by data from ACI, show that growth in passenger spend at European airports will lag behind the rest of the world through to 2030.
Avolta maintains recent momentum with solid revenue and profit growth
Core turnover of CHF13,473 million (US$15,271 million) climbed +8.9% year-on-year at constant exchange rates and +6.3% on an organic basis, with EBITDA and net profit also rising.
Campari Group reports double-digit GTR growth in solid 2024 financial results
Group sales totalled €3,070 million, up +2.4% in organic terms (+5.2% on a reported basis), with key brands such as Campari and Aperol boosted by a strong GTR performance.
Vienna Airport posts record revenue and increased profits in 2024
Vienna Airport today reported financial results for 2024, with the Retail & Properties division posting a +10% rise in revenue year-on-year to €203 million.
Korean duty-free sales plummet -40% year-on-year amid structural changes
The numbers were heavily impacted by Lotte Duty Free’s decision to stop bulk daigou sales from January, which had driven a late 2024 spurt in December.
Aena commercial revenue climbs by double digits in 2024 as F&B tender programme accelerates
The double-digit growth in commercial income outpaced that of passenger traffic in the year.
