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Autogrill revenue up 7.3% in 2Q2010

2-Aug-2010 1:08 PM

Italy’s Autogrill reports (30-Jul-2010) the following financial highlights:

  • 3 months ended Jun-2010:
    • Revenue: EUR1,547 million, +7.3% year-on-year;
      • Food and beverage: EUR1,001 million, +5.8%;
      • Travel retail and duty free: EUR423 million, +7.7%;
    • EBITDA: EUR167.5 million, +2.3%;
    • Net profit:  EUR32.6 million, -14.5%;
  • Six months ended Jun-2010:
    • Revenue: EUR2,800 million, +5.4%;
      • Food and beverage: EUR1,835 million, +3.4%;
      • Travel retail and duty free: EUR747 million, +6.5%;
    • EBITDA: EUR266 million, +3.5%;
    • Net profit: EUR23.5 million, +81.6%. [more]

Autogrill: “The good results achieved in the first summer weeks make it possible to forecast that the results for full year 2010 will be closer to the high end of the guidance range which calls for consolidated revenues of EUR6,025 million, an EBITDA of EUR635 million, and investments of approximately EUR250 million,” Source: Company statement, 30-Jul-2010.