Autogrill shareholders approve 1998 financial statements. Strong income and revenue growth. 80 lire per-share payout

Friday, April 30, 1999 - 00:00

Milano , 30 April 1999 - At their Annual General Meeting today, chaired by Gilberto Benetton, the shareholders of Autogrill approved the 1998 financial statements which, as a result of the Group's expansion in Europe, saw significant improvements in both revenues and margins. At an Extraordinary Meeting, the shareholders gave their approval to the project to raise share capital in order to service a convertible bond loan, intended, according to Benetton, “to support Autogrill’s immediate and long-term growth.”