Milan, 9 May 2023 – The Board of Directors of Autogrill S.p.A. (Milan: AGL IM) today reviewed and approved the consolidated revenue performance for the three months ended 31 March 2023.
Figures as of 31 March 20231
- Revenue: €1,032.2m (€719.8m in 1Q2022), +40% at constant exchange rates (+43% at current exchange rates)
- Performance mainly driven by the continued recovery, especially for international airport traffic in all the core geographies of the Group. Revenue in 1Q 2022 was still impacted by Covid-19 pandemic together with travel restrictions in some geographical areas
- Revenue in 1Q 2023 represents approximately 96% of those reported in the same period of 2019 at constant exchange rates and excluding the disposals made in the period
The executive responsible for the drafting of the company’s accounting documents, Camillo Rossotto, hereby declares pursuant to clause 2, art.154 bis, legislative decree 58/1998, that the accounting information in this release is in line with the Company’s accounting records and registers.
"Revenue" does not include revenue from the sales of fuel, which are excluded from the managerial view, consistent with the methodology adopted by the Management for the analysis of the Group's data. The % ratios are referred to this data.
Some figures may have been rounded to the nearest million / billion. Changes and ratios have been calculated using figures in thousands and not the figures rounded to the nearest million as shown.
1 Non-audited data
2 Average €/$ FX rates:
- 1Q2023: 1.0730
- 1Q2022: 1.1217