Autogrill: 31 August 2019 revenue up 3.3% to €3,190m

The Group consistently pursues the capital allocation strategy announced during the Capital Markets Day

Revenue: €3,190m, +3.3% at constant exchange rates1 (+6.4% at current exchange rates)

  • Strong performance at airports (+7.5% at constant FX), driven by like for like performance of 5.1% together with net new openings and acquisitions
  • Group like for like revenue growth of +3.1%, mainly driven by North America
    • North America: strong like for like revenue growth at airports (+5.5%)
    • International: good performance, despite a slowdown in traffic at Schiphol airport and in the Nordics
    • Europe: performance gaining momentum driven by Italy
  • Net new openings, acquisitions and disposals reflecting the capital allocation strategy of the Group
  • Positive contribution of more than €50m from net new openings and acquisitions at airports in the period and ongoing portfolio optimization on motorways and non-core channels
Thursday, September 26, 2019 - 13:25