Avolta AG
AVOL: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 43.00 | Hrgxjz | Pgnpssxn |
Avolta: Continued Solid Revenue Trends Across Region as Shares Remain Undervalued
We are maintaining our fair value estimate for narrow-moat Avolta as the company reported solid revenue development in the first quarter. Core turnover, which excludes fuel sales from the motorway business acquired with Autogrill, was up 8.6% organically (8.9% on a like-for-like basis), signaling continuing consumer appeal for travel.