Avolta AG
AVOL: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?T | LOCK|ThQ>? | LOCK|!?w?$@ |
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.
