View Future GrowthAvolta 과거 순이익 실적과거 기준 점검 4/6Avolta은 연평균 82.2%의 비율로 수입이 증가해 온 반면, Specialty Retail 산업은 수입이 11.1% 감소했습니다. 매출은 연평균 25.7%의 비율로 증가했습니다. Avolta의 자기자본이익률은 19.5%이고 순이익률은 1.5%입니다.핵심 정보82.21%순이익 성장률87.09%주당순이익(EPS) 성장률Specialty Retail 산업 성장률17.00%매출 성장률25.68%자기자본이익률19.47%순이익률1.50%최근 순이익 업데이트30 Jun 2026최근 과거 실적 업데이트Reported Earnings • Jul 31First half 2026 earnings released: EPS: CHF0.25 (vs CHF0.19 in 1H 2025)First half 2026 results: EPS: CHF0.25 (up from CHF0.19 in 1H 2025). Revenue: CHF6.57b (down 2.5% from 1H 2025). Net income: CHF35.0m (up 30% from 1H 2025). Profit margin: 0.5% (up from 0.4% in 1H 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공고 • Dec 19+ 1 more updateAvolta AG to Report First Half, 2026 Results on Jul 30, 2026Avolta AG announced that they will report first half, 2026 results on Jul 30, 2026공고 • Dec 19+ 1 more updateAvolta AG to Report Fiscal Year 2024 Results on Mar 12, 2025Avolta AG announced that they will report fiscal year 2024 results on Mar 12, 2025Reported Earnings • Mar 10Full year 2023 earnings released: EPS: CHF0.64 (vs CHF0.63 in FY 2022)Full year 2023 results: EPS: CHF0.64 (up from CHF0.63 in FY 2022). Revenue: CHF12.8b (up 86% from FY 2022). Net income: CHF87.3m (up 50% from FY 2022). Profit margin: 0.7% (down from 0.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공고 • Jan 09+ 1 more updateAvolta AG to Report First Half, 2024 Results on Jul 30, 2024Avolta AG announced that they will report first half, 2024 results on Jul 30, 2024Reported Earnings • Aug 07First half 2023 earnings released: CHF0.23 loss per share (vs CHF0.19 loss in 1H 2022)First half 2023 results: CHF0.23 loss per share (further deteriorated from CHF0.19 loss in 1H 2022). Revenue: CHF5.82b (up 99% from 1H 2022). Net loss: CHF27.6m (loss widened 57% from 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the United Kingdom.모든 업데이트 보기Recent updatesReported Earnings • Jul 31First half 2026 earnings released: EPS: CHF0.25 (vs CHF0.19 in 1H 2025)First half 2026 results: EPS: CHF0.25 (up from CHF0.19 in 1H 2025). Revenue: CHF6.57b (down 2.5% from 1H 2025). Net income: CHF35.0m (up 30% from 1H 2025). Profit margin: 0.5% (up from 0.4% in 1H 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Jul 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Jul 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.2% to CHF48.00. The fair value is estimated to be CHF60.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.공고 • Apr 08Avolta AG, Annual General Meeting, May 06, 2026Avolta AG, Annual General Meeting, May 06, 2026, at 14:30 W. Europe Standard Time.공고 • Dec 19+ 1 more updateAvolta AG to Report First Half, 2026 Results on Jul 30, 2026Avolta AG announced that they will report first half, 2026 results on Jul 30, 2026공고 • May 16+ 1 more updateAvolta AG Approves DistributionAvolta AG at its Ordinary General Meeting held on May 14, 2025, approved that the retained loss be carried forward and a dividend from the reserve from capital contribution in the amount of CHF 1.00 per registered share be distributed.공고 • Apr 11Avolta AG, Annual General Meeting, May 14, 2025Avolta AG, Annual General Meeting, May 14, 2025, at 14:30 W. Europe Standard Time.공고 • Mar 13Avolta AG Proposes DividendAvolta AG announced that Dividend of CHF 1.00 per share (+43% year on year) to be proposed at May 2025 AGM.공고 • Jan 18Avolta AG (SWX:AVOL) announces an Equity Buyback for CHF 200 million worth of its shares.Avolta AG (SWX:AVOL) announces a share repurchase program. Under the program, the company will repurchase CHF 200 million worth of its registered shares. This program aims to enhance shareholder value in line with Avolta’s Destination 2027 strategy and efficiently return additional capital to shareholders. The repurchased shares will be cancelled. The program will end no later than December 31, 2025.공고 • Dec 19+ 1 more updateAvolta AG to Report Fiscal Year 2024 Results on Mar 12, 2025Avolta AG announced that they will report fiscal year 2024 results on Mar 12, 2025공고 • Sep 26Avolta AG (SWX:AVOL) agreed to acquire Sky Connection Limited from NWS Holdings Limited (SEHK:659).Avolta AG (SWX:AVOL) agreed to acquire Sky Connection Limited from NWS Holdings Limited (SEHK:659) on September 24, 2024. The Free Duty acquisition would be entirely funded with cash from Avolta AG’s strong balance sheet with no equity or additional financing arrangements being required. The transaction is subject to certain closing procedures, during which time Avolta will work diligently in securing customary conditions precedent.Buy Or Sell Opportunity • May 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CHF37.62. The fair value is estimated to be CHF31.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.Upcoming Dividend • May 10Upcoming dividend of CHF0.70 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 22 May 2024. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.6%).Buy Or Sell Opportunity • Mar 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CHF37.55. The fair value is estimated to be CHF31.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.Reported Earnings • Mar 10Full year 2023 earnings released: EPS: CHF0.64 (vs CHF0.63 in FY 2022)Full year 2023 results: EPS: CHF0.64 (up from CHF0.63 in FY 2022). Revenue: CHF12.8b (up 86% from FY 2022). Net income: CHF87.3m (up 50% from FY 2022). Profit margin: 0.7% (down from 0.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공고 • Feb 15Avolta AG, Annual General Meeting, May 15, 2024Avolta AG, Annual General Meeting, May 15, 2024.Board Change • Feb 09High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent & Non-Executive Vice-Chairman Sami Kahale was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공고 • Jan 09+ 1 more updateAvolta AG to Report First Half, 2024 Results on Jul 30, 2024Avolta AG announced that they will report first half, 2024 results on Jul 30, 2024Buying Opportunity • Aug 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be CHF48.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 38% per annum over the same time period.Reported Earnings • Aug 07First half 2023 earnings released: CHF0.23 loss per share (vs CHF0.19 loss in 1H 2022)First half 2023 results: CHF0.23 loss per share (further deteriorated from CHF0.19 loss in 1H 2022). Revenue: CHF5.82b (up 99% from 1H 2022). Net loss: CHF27.6m (loss widened 57% from 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the United Kingdom.New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 1.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).공고 • May 09Dufry AG Approves the Election of Sami Kahale as New DirectorDufry AG announced that at its AGM held on May 8, 2023, approved the election of Mr. Sami Kahale as New Director.Reported Earnings • Mar 10Full year 2022 earnings released: EPS: CHF0.63 (vs CHF4.39 loss in FY 2021)Full year 2022 results: EPS: CHF0.63 (up from CHF4.39 loss in FY 2021). Revenue: CHF6.88b (up 76% from FY 2021). Net income: CHF58.2m (up CHF443.6m from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). Like-for-like sales growth: 77.9% vs FY 2021 Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in the United Kingdom.Buying Opportunity • Feb 08Now 20% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be CHF50.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings is also forecast to grow by 53% per annum over the same time period.Board Change • Nov 16High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Director Alessandro Benetton was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Oct 06High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Director Alessandro Benetton was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Avolta가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BATS-CHIXE:AVOLZ 매출, 비용 및 순이익 (CHF Millions)날짜매출순이익일반관리비연구개발비30 Jun 2613,8182074,746031 Mar 2613,9012034,744031 Dec 2513,9831994,741030 Sep 2513,9901594,760030 Jun 2513,9961184,778031 Mar 2513,8611114,760031 Dec 2413,7251034,742030 Sep 2413,5771154,727030 Jun 2413,4291274,713031 Mar 2413,1101074,584031 Dec 2312,790874,455030 Sep 2311,285683,863030 Jun 239,780483,270031 Mar 238,329532,723031 Dec 226,878582,177030 Sep 226,265772,001030 Jun 225,651961,825031 Mar 224,783-1451,575031 Dec 213,915-3851,326030 Sep 213,038-1,2481,067030 Jun 212,161-2,110809031 Mar 212,361-2,312921031 Dec 202,561-2,5141,034030 Sep 204,241-1,7641,527030 Jun 206,255-8222,073031 Mar 207,759-3692,351031 Dec 198,849-262,664030 Sep 198,806142,928030 Jun 198,768-263,215031 Mar 198,748103,867031 Dec 188,685723,772030 Sep 188,668603,710030 Jun 188,653723,813031 Mar 188,491703,841031 Dec 178,377573,862030 Sep 178,222873,796030 Jun 178,040533,699031 Mar 177,906273,622031 Dec 167,82933,568030 Sep 167,800-413,587030 Jun 167,521-1293,452031 Mar 166,751-1563,093031 Dec 156,139-792,781030 Sep 155,482-412,4600양질의 수익: AVOLZ는 고품질 수익을 보유하고 있습니다.이익 마진 증가: AVOLZ의 현재 순 이익률 (1.5%)은 지난해 (0.8%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: AVOLZ는 지난 5년 동안 흑자전환하며 연평균 82.2%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 AVOLZ 의 수익 증가율(75.4%)은 5년 평균(연간 82.2%)보다 낮습니다.수익 대 산업: AVOLZ의 지난 1년 수익 증가율(75.4%)은 Specialty Retail 업계의 48.9%를 상회했습니다.자기자본이익률높은 ROE: AVOLZ의 자본 수익률(19.5%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/17 21:41종가2026/08/17 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Avolta AG는 27명의 분석가가 다루고 있습니다. 이 중 16명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ricardo Benevides FreitasBanco SantanderCarlos Javier Treviño PeinadorBanco SantanderMariano SzachtmanBanco Santander24명의 분석가 더 보기
Reported Earnings • Jul 31First half 2026 earnings released: EPS: CHF0.25 (vs CHF0.19 in 1H 2025)First half 2026 results: EPS: CHF0.25 (up from CHF0.19 in 1H 2025). Revenue: CHF6.57b (down 2.5% from 1H 2025). Net income: CHF35.0m (up 30% from 1H 2025). Profit margin: 0.5% (up from 0.4% in 1H 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공고 • Dec 19+ 1 more updateAvolta AG to Report First Half, 2026 Results on Jul 30, 2026Avolta AG announced that they will report first half, 2026 results on Jul 30, 2026
공고 • Dec 19+ 1 more updateAvolta AG to Report Fiscal Year 2024 Results on Mar 12, 2025Avolta AG announced that they will report fiscal year 2024 results on Mar 12, 2025
Reported Earnings • Mar 10Full year 2023 earnings released: EPS: CHF0.64 (vs CHF0.63 in FY 2022)Full year 2023 results: EPS: CHF0.64 (up from CHF0.63 in FY 2022). Revenue: CHF12.8b (up 86% from FY 2022). Net income: CHF87.3m (up 50% from FY 2022). Profit margin: 0.7% (down from 0.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공고 • Jan 09+ 1 more updateAvolta AG to Report First Half, 2024 Results on Jul 30, 2024Avolta AG announced that they will report first half, 2024 results on Jul 30, 2024
Reported Earnings • Aug 07First half 2023 earnings released: CHF0.23 loss per share (vs CHF0.19 loss in 1H 2022)First half 2023 results: CHF0.23 loss per share (further deteriorated from CHF0.19 loss in 1H 2022). Revenue: CHF5.82b (up 99% from 1H 2022). Net loss: CHF27.6m (loss widened 57% from 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the United Kingdom.
Reported Earnings • Jul 31First half 2026 earnings released: EPS: CHF0.25 (vs CHF0.19 in 1H 2025)First half 2026 results: EPS: CHF0.25 (up from CHF0.19 in 1H 2025). Revenue: CHF6.57b (down 2.5% from 1H 2025). Net income: CHF35.0m (up 30% from 1H 2025). Profit margin: 0.5% (up from 0.4% in 1H 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Jul 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.2% to CHF48.00. The fair value is estimated to be CHF60.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
공고 • Apr 08Avolta AG, Annual General Meeting, May 06, 2026Avolta AG, Annual General Meeting, May 06, 2026, at 14:30 W. Europe Standard Time.
공고 • Dec 19+ 1 more updateAvolta AG to Report First Half, 2026 Results on Jul 30, 2026Avolta AG announced that they will report first half, 2026 results on Jul 30, 2026
공고 • May 16+ 1 more updateAvolta AG Approves DistributionAvolta AG at its Ordinary General Meeting held on May 14, 2025, approved that the retained loss be carried forward and a dividend from the reserve from capital contribution in the amount of CHF 1.00 per registered share be distributed.
공고 • Apr 11Avolta AG, Annual General Meeting, May 14, 2025Avolta AG, Annual General Meeting, May 14, 2025, at 14:30 W. Europe Standard Time.
공고 • Mar 13Avolta AG Proposes DividendAvolta AG announced that Dividend of CHF 1.00 per share (+43% year on year) to be proposed at May 2025 AGM.
공고 • Jan 18Avolta AG (SWX:AVOL) announces an Equity Buyback for CHF 200 million worth of its shares.Avolta AG (SWX:AVOL) announces a share repurchase program. Under the program, the company will repurchase CHF 200 million worth of its registered shares. This program aims to enhance shareholder value in line with Avolta’s Destination 2027 strategy and efficiently return additional capital to shareholders. The repurchased shares will be cancelled. The program will end no later than December 31, 2025.
공고 • Dec 19+ 1 more updateAvolta AG to Report Fiscal Year 2024 Results on Mar 12, 2025Avolta AG announced that they will report fiscal year 2024 results on Mar 12, 2025
공고 • Sep 26Avolta AG (SWX:AVOL) agreed to acquire Sky Connection Limited from NWS Holdings Limited (SEHK:659).Avolta AG (SWX:AVOL) agreed to acquire Sky Connection Limited from NWS Holdings Limited (SEHK:659) on September 24, 2024. The Free Duty acquisition would be entirely funded with cash from Avolta AG’s strong balance sheet with no equity or additional financing arrangements being required. The transaction is subject to certain closing procedures, during which time Avolta will work diligently in securing customary conditions precedent.
Buy Or Sell Opportunity • May 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to CHF37.62. The fair value is estimated to be CHF31.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
Upcoming Dividend • May 10Upcoming dividend of CHF0.70 per shareEligible shareholders must have bought the stock before 17 May 2024. Payment date: 22 May 2024. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.6%).
Buy Or Sell Opportunity • Mar 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CHF37.55. The fair value is estimated to be CHF31.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 32% per annum over the same time period.
Reported Earnings • Mar 10Full year 2023 earnings released: EPS: CHF0.64 (vs CHF0.63 in FY 2022)Full year 2023 results: EPS: CHF0.64 (up from CHF0.63 in FY 2022). Revenue: CHF12.8b (up 86% from FY 2022). Net income: CHF87.3m (up 50% from FY 2022). Profit margin: 0.7% (down from 0.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공고 • Feb 15Avolta AG, Annual General Meeting, May 15, 2024Avolta AG, Annual General Meeting, May 15, 2024.
Board Change • Feb 09High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent & Non-Executive Vice-Chairman Sami Kahale was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공고 • Jan 09+ 1 more updateAvolta AG to Report First Half, 2024 Results on Jul 30, 2024Avolta AG announced that they will report first half, 2024 results on Jul 30, 2024
Buying Opportunity • Aug 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be CHF48.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is also forecast to grow by 38% per annum over the same time period.
Reported Earnings • Aug 07First half 2023 earnings released: CHF0.23 loss per share (vs CHF0.19 loss in 1H 2022)First half 2023 results: CHF0.23 loss per share (further deteriorated from CHF0.19 loss in 1H 2022). Revenue: CHF5.82b (up 99% from 1H 2022). Net loss: CHF27.6m (loss widened 57% from 1H 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in the United Kingdom.
New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 1.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
공고 • May 09Dufry AG Approves the Election of Sami Kahale as New DirectorDufry AG announced that at its AGM held on May 8, 2023, approved the election of Mr. Sami Kahale as New Director.
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: CHF0.63 (vs CHF4.39 loss in FY 2021)Full year 2022 results: EPS: CHF0.63 (up from CHF4.39 loss in FY 2021). Revenue: CHF6.88b (up 76% from FY 2021). Net income: CHF58.2m (up CHF443.6m from FY 2021). Profit margin: 0.8% (up from net loss in FY 2021). Like-for-like sales growth: 77.9% vs FY 2021 Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in the United Kingdom.
Buying Opportunity • Feb 08Now 20% undervaluedOver the last 90 days, the stock is up 7.0%. The fair value is estimated to be CHF50.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings is also forecast to grow by 53% per annum over the same time period.
Board Change • Nov 16High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Director Alessandro Benetton was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Oct 06High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Director Alessandro Benetton was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.