Strong quarter at Autogrill: net sales rise and earnings before taxes improve 30%

Wednesday, November 14, 2001

Milano , 14 November 2001 - 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 2001. Performance in the first nine months. For the nine months to 30 September 2001, the Autogrill Group recorded consolidated net sales of 2,401.8 million euros, an increase of 10.2% from the corresponding year-earlier period or 7.1% net of the exchange-rate effect (6.5% last year).
Consolidated chain revenues, including sales reported by the franchising network, reached 2.461,1 million euros (from 2,242.7 million in 2000). This included 86,1 million euros (+17,0%) for the Quick Service Restaurant business, where Autogrill operates with the Spizzico and Burger King brands.