Autogrill: in the first nine months 2004 Ebitda rises 4.8% to 341.3 m€ (+9.7% at constant exchange rates) Net debt reduction of 180.8 m€ over the twelve months

Monday, November 15, 2004 - 00:00

Milan, 15 November 2004 - The Board of Directors of Autogrill S.p.A. (Milan: AGL.MI) met today and approved results for the third quarter 2004.
“We are committed to attain our year-end targets” – said Autogrill Group Chief Executive Officer Gianmario Tondato Da Ruos –“despite the impact of three main factors that are conditioning the market scenario: a clearly negative economic situation, the effects of the rise in oil prices and the continuous decline of the dollar, which for us means a negative impact on the exchange-rate effect and key raw material purchases.”