Autogrill: strong growth in revenues and profitability

Tuesday, November 14, 2000 - 00:00

Milano , 14 November 2000 - At a meeting today chaired by Gilberto Benetton, the Board of Directors of Autogrill S.p.A. approved the Quarterly Report for the third quarter of 2000. Performance in the first nine months. At 30 September 2000, the Autogrill Group had consolidated revenues of 2,180.2 million euro, an increase of 14.1% from the corresponding year-earlier period (*), or 6.5% net of the exchange rate effect. Key factors contributing to this important result were the performance of Autogrill’s US subsidiary, HMSHost, and the growth of the motorway and Quick- Service Restaurant (QSR) businesses in Italy.