Avolta lifts nine-month turnover and keeps medium-term targets intact

what happened

According to TradingView, which cites dpa-AFX and RTTNews, the travel retail operator reported higher turnover for the first nine months of 2026. IFRS revenue reached CHF 10.663 billion, compared with CHF 10.609 billion a year earlier, while core turnover inched up to CHF 10.438 billion.

Organic growth was 4.1%, or 5.2% excluding the Middle East. Operating profit came in at CHF 882 million and core EBITDA at CHF 1.044 billion. The core EBITDA margin fell 20 basis points to 10.0%; the company estimates it would have risen to 10.4% without regional disruption and the costs of large new operations.

The group kept its medium-term aims of 5% to 7% annual organic growth and a yearly margin gain of 20 to 40 basis points. Shares on the SIX Swiss Exchange ended Wednesday 0.35% lower at CHF 45.12.

why it matters

Solid top-line momentum is being offset by profitability pressure from Middle East disruption and the cost of new sites. Markets will be looking at whether the margin can return toward the reaffirmed targets.

market impact

Avolta shares: revenue growth supports them, while the margin squeeze caps enthusiasm

• ↔Avolta shares mixed — turnover growth and reaffirmed targets against a lower core margin

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