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Autogrill plans move into India, Malaysia, Sri Lanka and Singapore

Analysis

Autogrill CEO Gianmario Tondato stated the company aims to expand in India and other Asian countries as part of efforts to grow in international markets, especially in emerging economies. Mr Tondato also named Malaysia, Sri Lanka and Singapore as possible locations.

Shares in Autogrill were down 0.9% yesterday.

DO & CO shares gained 3.7%, while gategroup was up 1.4%.

Selected duty free and retail daily share price movements (% change): 11-Feb-2011

Duty Free

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