12-May-2010 12:01 PM

Autogrill revenue up 3.1% in 1Q2010

Italy’s Autogrill revenue up 3.1% – financial highlights for the three months ended Mar-2010:

  • Revenue: EUR1,254 million, +3.1% year-on-year;
    • Food and beverage: EUR834.1 milllion, +0.7%;
    • Travel retail and duty free: EUR323.8 million, +5%;
    • Flight: EUR95.6 million, +20.1%;
  • EBITDA: EUR98.2 million, +5.7%;
  • Profit before tax: EUR3.8 million, +0.3%;
  • Net profit: (EUR9.1 million), compared with a net loss of EUR25.1 million in the corresponding period. [more]

Autogrill: “Despite the persisting climate of uncertainty, our ongoing commercial drive in the more resilient markets enables us to confirm the guidance on expected results for 2010 published on 04-Mar-2010 when the figures for full-year 2009 were announced. Revenues are thus expected to be between EUR5,925m and EUR6,025m, with Ebitda between EUR615m and EUR635m and investments at around EUR250m,” Source: Company statement, 11-May-2010.