 LFP it’s the best retail company in Portugal
- Exame magazine
Lojas Francas de Portugal (LFP) won, for the second consecutive year, the award for Best Retail Company to operate, among the 500 Biggest & Best Companies in Portugal. The conclusion was reached by Exame magazine, based on a series of indicators and economic and financial ratios, with which the profile of the main companies in their respective fields are traced. The award refers to the year 2010.
Nuno Amaral, LFP's Managing Director explains that the good performance of the company in 2010 resulted from "a strategy based on three pillars: increasing the profitability of the operation; an organic growth by expanding the activity to Madeira airport and the increase the number of stores in Lisbon and Porto, and reducing costs."
Founded in 1995, LFP results from a joint venture between TAP (Portugal's leading airline) with 51% and the Nuance Group (world leader in airport retail) with 49%. The company is a leader in the retail sector in national airports, which makes the operation of 26 duty free shops at Lisbon, Oporto, Faro, Funchal, Ponta Delgada, Horta and Santa Maria airports. The company also manages on-board sales at TAP, Euroatlantic and STP Airways.
For more information contact:
Ema Piçarra – Marketing department
ema.picarra@lfp.pt
Tel: 21 852 53 31 |
