Autogrill obtains extension to 2018 at Las Vegas Airport Expected revenues of around $ 1,300 million for the period 2004-2018

Thursday, June 24, 2004 - 00:00

Milan, 24 June 2004 - HMSHost Corporation, the North American subsidiary of the Autogrill Group (Milan: AGL.MI), was granted a ten-year extension on its food & beverage contract at Las Vegas McCarran International Airport (Nevada, U.S.A.). Originally due to expire in 2008, the extended contract will now run through 2018.
The contract, among the few of its kind in America to cover such a long period (the average term of airport concessions is no longer than 5/6 years), is expected to generate cumulative revenues of approximately $ 1,300 million from 2004 to 2018.