Gebr. Heinemann, Inc. broke ground on successfully entering new markets in the Middle East, Africa, and India during 2024, achieving an €4.3 billion revenue this year, marking its first time hitting the €4 billion milestone in its history. As the only family-owned retailer within the duty-free travel industry, Gebr. Heinemann was pivotal in expanding its presence internationally, signaling its readiness to participate in new markets following successful tender wins in India and Iceland.
The company saw a 21% revenue surge in 2024, which exceeded that of its European competitors. Aer Rianta International achieved €1.4 billion in turnover last year, up 13%, while Avolta and Lagardère Travel Retail reached €6.4 billion, up 12.5% (relative to figures from earlier in the year). The growth demonstrated strength in the Indian market, where head office is under construction but potentially shaping将于 soon with a proposed flight to Aroya.
The success in India and Iceland underscores the retailer’s strategy to attract top-tier destinations. These major cities remain significant for both the demand of their incoming travelers and the need for inclusivity in operations. The European portion saw a decline in revenue, from 59% to 56%, while Middle East/Africa accounted for 31%, up from 31% in 2023. This was attributed toTransformer’s strength in the Middle East rather than inherent weaknesses in Europe.
Heinemann’s focus on陌生人 and the Middle East as a growing market has getDate to offer additional potential from diverse regions. The retailer hopes to cut losses in Europe this year as it exits its joint venture at Schiphol Airport and hands over its Amsterdam Daniel B上午 Lauderdale to Lagardère Travel Retail. Despite selling part of its European portfolio, China is seeing a slight rise in per-passenger spending, though It remains weaker than before.
Proper attention and strategic moves are taking shape. The company has restructured its Middle East offices, which now operational since 2023, as part of an expansion. The exe vice president, Bernard Schlafstein, has been promoted to CEO of Heinemann Middle East/Africa. Clara Heinemann, a cousin of Max Heinemann, now actively participates in the company, indicating a generational synergy.
Global operations and parent-child relationships strengthen the company’s commitment to long-term stability. Max Heinemann was recently appointed as a senior project manager in the commercial effectiveness department, taking charge of defining and managing product category management.
In 2024, the Netherlands’ airport duty-free sector had five first-time winners, with HLAX Airport also taking center stage. Traova Centre of Noida continued to lead the way, nearing a goal of 70 million passengers.
Max Heinemann’s dashboard looks strong as the Middle East evolves. With theeus family and Clara Heinemann, the company is building a legacy that resonates globally.
