Autogrill, results for 2000: revenues up, EBITDA + 21%

Tuesday, March 27, 2001 - 00:00

Milano , 27 March 2001 - At a meeting today chaired by Gilberto Benetton, the Board of Directors of Autogrill S.p.A. approved the consolidated and parent company draft annual reports for 2000 to be submitted for the approval of the Shareholders’ Meeting convened for 27 April on first call and 4 May on second call.

Main results. During 2000, the Group recorded net revenues of € 3,041.1 million, an increase in absolute terms of 14.7% compared to 1999 (€ 2,651.4 million). At constant exchange rates, net revenues rose 6%, with particularly strong performance in North American airports (+10% at constant size) and in Italy, where Autogrill reported overall growth of 6.8%, and 10% growth for its restaurant services alone.