Dufry shares down more than 7%
Shares in Dufry dropped 7.4% in trading yesterday, even though the company reported net profit more than tripled to EUR90.5 million. Revenue increased 9.7% year-on-year. Dufry's cash stockpile declined 80% during 2010. The company's outlook is for short to medium-term growth above 4-5% and it will seek to create new growth opportunities through acquisitions
