BY: Martin Moodie
Food & beverage giant and travel retailer Autogrill today posted a +5.1% revenue increase year-on-year (+2.8% at constant exchange rates) for the first four months of 2017. The company noted a particularly strong start to the year for its airport business (+12.4%).
Global revenue growth was driven by the +4.8% like-for-like performance across the board, the group said. “The balance of openings and closings was down by -1.9%, with the new openings of the past months partially offsetting selective renewals in Italy and the reduction of space at Tampa Airport in the USA.
SOURCE: https://www.moodiedavittreport.com
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