ADDF revenues up for H1
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Abu Dhabi Airports announced its half year results recording a sale of AED 487.9 million. This represents a rise of 11.5% compared to first six months of 2013 (AED 437.6 m). The total number of transactions in the period was just over two million, 12.8% higher than the first half of 2013.
A number of new retail outlets opened in the first half of 2014, including 2 new multi category Duty Free stores in the newly opened Terminal 3 Bus gate facility & Pier, refurbished UAE souvenir stores in both Terminals 1 & 3, and introduction of a new ‘Fragrances of the World’ store in Terminal 1.
New developments and openings have have contributed to growth in sales, with top performing categories being fragrances, luxury fashion and jewelry.
Abu Dhabi Airports’ chief commercial officer Mohammed Al Bulooki said: “The continuing improvements and additions of new retail outlets at Abu Dhabi International Airport are clearly making their mark on the company’s commercial revenues. Passengers here benefit from a wide array of shopping, food and beverages, and entertainment services that are available. This will continue, with more brands expected to open in Abu Dhabi International Airport and take advantage of its growing status as a world leading global transportation hub.”
During the period, Abu Dhabi Airports formally commenced the tender process for retail and F&B concessions at the Midfield Terminal Building, which is making rapid progress and will have an annual capacity of 30 million when it opens in 2017.
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