Autogrill in 2002: sales revenues rise 4.2% net of the exchange rate effect. Strongest improvements in the USA, France and Spain

Monday, February 3, 2003

Milan, 03 February 2003 - According to preliminary estimates on performance for the year to 31 December, the Autogrill Group’s consolidated sales revenues for 2002 were 3,316.1 million euros, an improvement of 1.6% on the year-earlier figure (up 4.2% net of the exchange rate effect).
The result included operations conducted through the US subsidiary HMSHost, which achieved growth of 9.8% net of the exchange rate effect. Specifically, sales revenues in airports improved by 9% on a like-for-like basis, despite the 5.2% downturn in passenger traffic.
In Italy, revenues rose by 2.3% against the previous year to reach 1,011.8 million euros. In France, they totaled 187.7 million euros, up by 6.8% from 2001. Revenues in Spain, including sales at the high-speed railway locations acquired during the year, increased by 18.5% (to 78.7 million euros).