Meeting today, the Board of Directors of Autogrill S.p.A. (Milan: AGL IM) examined and approved the consolidated results as of 30 June 2017.
[1] At constant exchange rates.
[2] At the beginning of November 2016, the Group finalized the disposal of its operations on Dutch motorways, which constitute a Cash Generating Unit. The relative income and financial results for the first half 2016 have therefore been stated separately, in accordance with accounting standard IFRS 5, under “Non current assets held for sale and discontinued operating assets”.
[3] The change in “like for like” sales is the change at constant exchange rates excluding the effects of new openings and closing and acquisitions and disposals.
[4] Underlying: alternative performance measurement calculated excluding the impact of the management incentive plan (“Phantom Stock Option Plan”) and gain on operating activity disposal.
[5] Overall value of the contracts calculated as the sum of expected revenue of each contract for its entire duration. The amount also includes contracts signed by participated companies consolidated with the equity method.