Autogrill and Host Marriott Services: a combined free cash flow of over 130 million euros per year after 2001

Wednesday, July 28, 1999

Milano , 28 July 1999 - If Autogrill succeeds in its takeover bid of Host Marriott Services, the combined free cash flow of the two companies will exceed 130 million Euros (250 billion Italian Lire) for year, after 2001.
The figure - that Autogrill’s top management will comment upon during a meeting with analysts that will take place today in Milan at 4 p.m. - takes into account profits + amortisation - investments, as well as fluctuations in working capital.