The Autogrill Group wins a new contract in Amsterdam worth 700 million euros and prepares to add the European airport market to its leadership positions

Wednesday, December 10, 2003

Milan, 10 December 2003 - Autogrill Group, through its US subsidiary HMSHost Corporation, the leading provider of food, beverage and retail concessions on the US airport market, has been awarded a new contract at Amsterdam Airport Schiphol.
This contract extends its agreement until 2017 for the 56 restaurants and Terminal Hotel it operates and has planned inside the airport. In 2004, HMSHost will develop and operate 10 new outlets covering a surface area of approximately 3,500 square meters in addition to the existing 15,000.
The projected revenues from the additional contract term amount to 700 million euros. They will be in addition to the 400 million euros generated by HMSHost’s existing contract.