Prateek Phatak's questions to Dufry AG/ADR (DUFRY) leadership • Q4 2021
Question
Prateek Phatak of BlackRock asked for confirmation on the exposure to Russia, seeking to clarify if it was a combined 5% from Russian nationals (2%) and the region (3%).
Answer
CEO Julian Gonzalez clarified the figures separately. He stated that in 2019, sales from Russian nationalities were around 2%, while sales from Russian destinations (which includes travelers of all nationalities) were between 3% and 3.5% of the total. He did not aggregate the two figures.