Avolta’s H1 2026 turnover and operating profit reached CHF 6,569m (US$8,616m) and CHF 441m (US$545.55m) respectively, while the Group generated CHF 207m (US$256m) Equity Free Cash Flow (EFCF), reflecting strong cash generation during Q2 2026. Avolta reconfirms its medium-term outlook.
The Company stated that its diversified global platform supported a robust sales performance, with momentum improving through the second quarter despite geopolitical headwinds.
Key operational highlights
Avolta notes that the first half of 2026 was marked by long-term contract wins and extensions, further progress in the integrated travel retail and food & beverage model, strategic market entries and continued development of Avolta’s digital and loyalty platform.
In North America, Avolta achieved major contract wins and extensions across travel retail, convenience and food & beverage, with “milestone” achievements at JFK Airport, including the first Eataly in a North American airport. Avolta also entered into new developments across Orlando, Miami, Phoenix, Palm Beach, Toronto, Jacksonville and Norfolk airports.
In its Latin America division, Avolta launched a new Norwegian Cruise Line retail partnership and completed new duty free openings in the Dominican Republic and commercial activations across Mexico, Brazil and Argentina.
In its Europe, Middle East and Africa division, Avolta entered Latvia through a 12-year master concession at Riga Airport, reported continued successful growth in Saudi Arabia and achieved major contract wins and extensions across Switzerland, Italy, Belgium and the United Kingdom.
In Asia Pacific, Avolta entered Japan through food & beverage operations at Kansai International Airport; acquired DFS Okinawa in Japan, which is expected to deliver immediate earnings following the closing, which is imminent. Avolta also successfully commenced operations at Shanghai Pudong Airport.
Digital creates incremental sales growth and customer loyalty. Club Avolta reached 20 million members, while the partnership with Air Canada’s Aeroplan marked Avolta’s first North American airline loyalty partnership and further strengthened its customer engagement platform.
Xavier Rossinyol, CEO of Avolta, comments: “The first half of 2026 highlighted once again the strength of Avolta’s business model and the dedication of our teams around the world to execute our strategic priorities.
Our diversified global platform once again proved its resilience, with sales performing at or above prior year levels across most of the business and underlying momentum improving through the second quarter. While near-term volatility persists, we continue to deliver against our medium-term strategy and take the necessary measures to protect profitability and cash generation, while progressing the ramp up of our new operations.
We remain firmly focused on the medium and long-term. In the first half, we further strengthened our global footprint through strategic wins, including our entry into Japan, expansion in China and a 12-year master concession in Latvia. Together with our continued focus on execution, efficiency and disciplined capital allocation, this gives us confidence in Avolta’s ability to deliver sustained value creation in line with our medium-term ambitions.”
Avolta reconfirms its medium-term targets of organic growth target of 5%-7%.
