Global Exchange approves its public accounts for 2022 confirming a record year for the Spanish entity. With these accounts, the multinational company dedicated to exchanging currencies at international airports in 23 countries, Confirmation of the recovery of international tourism, which places the entity at levels of activity and results before the epidemic. The group closed 2022 with a turnover of 217.33 million euros (160% more than in 2021) and EBITDA (a financial indicator that shows a company’s profit without subtracting the interest to be paid on debt). Far exceeding 2020 and 2021.
And as far as the volume of operations is concerned, growth reached 215% and achieved a figure of €1,800m last year. In contrast, the company served 9.3 million customers, which is more than 165% over 2021. These numbers are Show the size of a company dedicated to continued growth in business and benefits. Our goal is to maintain and integrate new services linked to technological innovation, to respond to the needs of international tourists and to act according to the excellence that sets us apart”, highlights President and CEO of the Global Exchange Group, Isidoro J. Alanís.
growth
In addition to these increases in economic figures, there is also growth in the number of offices, airports and staff. global exchange It has 346 open offices in 64 airports, in addition to other points of large tourist flow. In terms of personnel, the multinational company closed 2022 with 1945 employees, up 39% from 2021%. The number didn’t stop there, because according to the company itself in a press release, it had 2,184 people on staff on March 31.
Among the main openings for 2022 are exchange offices in France (Charles de Gaulle airport, Gare de l’Est and Bordeaux train station), six offices in Chili pepper (New Terminal 2 of Santiago de Chile Airport), United kingdom (two offices at Eurostars terminal, three at Bristol Airport, one in the City of London, and offices at Oxford Street and Earl’s Court), Colombia (offices at Medellin Airport and Cartagena Cruise Port), Spain (street offices in Palma de Mallorca, Granada, Valencia, Barcelona, Madrid, Barcelona, Alicante and Malaga Airport), Mexico (Three slots at RIU hotels) f Brazil (Three offices in Salvador de Bahia Airport).
In addition, the company highlights the reopening of existing offices in pre-pandemic times, and the renewal of management contracts for the vast majority of airports.
More services
One of the great developments in the Global Exchange business was Granting public contracts to administer VAT refunds or tax-exempt Refunds for non-EU tourists in the airport terminals. In 2022, the operator opens eight offices at the airports of Madrid and Barcelona (four in each city) and wins a tender at the end of the year to provide this service at the airports of Alicante-Elche and Malaga-Costa del Sol, opening two offices in 2023 in these spaces. The company is responsible for managing 90% of the volume of this service in all Spanish airports.
The company also offers citizens residing in Spain the service of buying and selling foreign currency back home thanks to the agreement the company reached last November with the Post Office. With this collaboration, Customers can reserve more than 80 currencies across the national Correos network Or order it from rural postmen. Applicants can easily receive it at their home address or post office within 48-72 hours.
“The 2023 fiscal year will be very important in terms of the recovery of activity in Asian countries, after the measures of opening up to tourism that have taken place in this field in recent months, so 2023 will again be a historic year for the subsidiary Spain and the countries in which we are located, ”added Isidoro J. Alanis.
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