Avolta AG
AVOL: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CHF 16.00 | Xzvysk | Qhhtkjxsw |
Avolta Continues to Benefit From Global Travel Recovery; Integrates Autogrill; Shares Cheap
Business Strategy and Outlook
As a leading player in travel retail and a leading concession operator in airport retail with around 20% market share, more than double that of its next biggest peer, Avolta is well positioned to benefit from increasing global travel flows. Over the years, Avolta has played the role of consolidator in a globally fragmented industry, allowing it to achieve purchasing scale, breadth of store formats and product offer, and geographical diversification.