A GLOBAL AMBITION ANNuAL REPORT 2006 - Dufry
A GLOBAL AMBITION ANNuAL REPORT 2006 - Dufry
A GLOBAL AMBITION ANNuAL REPORT 2006 - Dufry
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6<br />
<strong>Dufry</strong> Annual Report <strong>2006</strong> — Chief Executive Officer<br />
Strengthening our future today means as well that our expansion strategy<br />
needs to be based on strong foundations for our business, namely the concession<br />
portfolio. <strong>Dufry</strong> is expected to generate, on a pro-forma 2007 basis, 78% of<br />
its sales with concession agreements having a remaining duration of more than<br />
six years and 34% with more than nine years.<br />
Today, <strong>Dufry</strong> is one of the leading travel retailers and we are proud of what<br />
our Company has achieved so far, thanks to its management’s and employees’<br />
commitment, professionalism and extensive expertise. <strong>Dufry</strong> has undergone<br />
an outstanding transformation from a privately held group of companies into a<br />
publicly listed Travel Retailer with a global strategy and with proven execution<br />
skills.<br />
To conclude, I would like to thank all our employees for their dedication and<br />
commitment – <strong>2006</strong> has been a very exciting and challenging year for <strong>Dufry</strong> and<br />
success has been possible only thanks to our people, who helped to make this<br />
happen.<br />
Julián Díaz
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