Incomes of duty free operator in Sochi and Vnukovo increased by a third

Incomes of the operator of duty-free shops (duty free) at the Russian airports “Vnukovo”, “Pulkovo” and in Sochi at the end of 2022 increased by a third compared to 2021. About this informed RBC with reference to the financial statements of the subsidiaries of the international group Dufry.

In particular, the revenue of Vnukovo Airport last year amounted to 4.5 billion rubles, which is 33% more than in 2021. Net profit increased 2.4 times to 701 million rubles. Revenue at Pulkovo Airport also grew by 29.6% to RUB 2.2 billion. against 1.7 billion rubles. a year earlier. Net profit in duty free of the St. Petersburg airport amounted to 94 million rubles. against a loss of 2.3 million rubles. in 2021

Despite the closed airport of the Krasnodar Territory, the revenue of the legal entity Nuance Basel”, which is 51% owned by Dufry, amounted to 1 billion rubles, which is 27% more than in 2021. At the same time, net profit in duty-free shops increased almost eight times – from 78.8 million rubles. up to 628 million rubles. This growth is due to the fact that the airport in Sochi remained the only operating hub in the south of Russia after the closure of several airports. This led to a record passenger flow of 13 million people in 2022.

The revenue of duty-free shops in Domodedovo increased by a quarter – from 1.6 billion rubles. up to 2.05 billion rubles. At the same time, in Sheremetyevo, the income of the operator RegStaer in 2022 decreased by 3.3% – from 230.7 million rubles. up to 223.2 million rubles. Also for the year, the company’s loss decreased – from 106.2 million rubles. up to 10.4 million rubles Another major operator, Imperial Duty Free, which operates under the Sheremetyevo Duty Free Heinemann brand (the company’s shareholders are Sheremetyevo Airport and the German company Gebr. Heinemann), had a revenue of 7 billion rubles. (-19%), while net profit decreased by 21 times – from 12.8 billion rubles. up to 586.7 million rubles. According to aviation expert Grigory Pomerantsev, such dynamics is associated with the redistribution of passenger traffic. He noted that Sheremetyevo lost more passengers on international flights than other airports.

June 22, 2022 in the Federation Council approved a law allowing the sale of duty-free goods to passengers flying from Russia to the EAEU countries. Until now, only intra-union passengers flying from Armenia, Belarus, Kazakhstan and Kyrgyzstan could buy goods in duty free shops.