Autogrill: 2004 consolidated net sales improve 1.3% to 3,182 m€ (+6.8% at constant exchange rates)

Thursday, January 27, 2005

Milan, 27 January 2005 - At a meeting today, the Board of Directors of Autogrill S.p.A. (Milan: AGL.IM) examined preliminary sales figures at 31 December 2004, translated with an exchange rate of €/$ 1.24. In financial year 2004, Autogrill consolidated net sales totaled 3,182 m€, an increase of 1.3% on 3,142.7 m€ in 2003. At constant exchange rates, growth was 6.8%. 2004 net sales at Autogrill Group, Inc. (HMSHost Corp. + Anton Airfood Inc.) totaled 2,005.6 m$, up by 12.2% on the 2003 sales figure of 1,786.9 m$. Autogrill Group, Inc.’s performance reflected higher passenger traffic in North America, longer wait-time in airports and the ability to adapt the offer to changes in demand, which, in North America, continues to be strong.