Autogrill posts strong start to 2017 as North American airport business flourishes

May 26, 2017 592

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.

Read more

SOURCE: https://www.moodiedavittreport.com

You may be interested