Milan , 17 February 2004 - Autogrill said that details would be published today on its website www.autogrill.com about Group objectives for the three-year period 2004-2006 – on which it released a statement on January 27 last – together with growth scenarios for its key markets in Italy, Europe and North America.
The difficult 2001-2003 period is expected to be followed by three years marked by a recovery in productivity and spending in the US economy, as a result of tax and monetary policies. Growth will be more contained but equally positive in Europe, where an annual average rise of 2.4% is expected in motorway transport (Italy +2.5%).
Projections for the airport channel see annual average growth of around 3.3% in Europe and around 3.6% in North America, with a growing shift in traffic volumes toward Asia and the Pacific. In light of these prospects, Autogrill expects to report significant growth in terms of Sales, Ebitda and Free Cash Flow.
The company Autogrill S.p.A. was merged into the company World Duty Free S.r.l. effective as from November 1st, 2023 .
At the same time, the company World Duty Free S.r.l. was transformed into a joint-stock company with the name World Duty Free S.p.A..