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Acquisitions mark Autogrill as a new force in travel-retailAcquisitions mark Autogrill as a new force in travel-retail
Sandra Newman
2-Apr-2008
Travel-retail acquisitions have already helped to drive up Autogrill’s sales and profits and travel-retail will have an even bigger impact on the Italian group’s portfolio in 2008
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Autogrill recorded a 23.7% increase in turnover to €4.86bn ($7.64bn) and a 9.6% rise in EBITDA last year and, although food and beverage operations are still the group’s core revenue-generator,
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(24-Apr-2008) - The Italian owner of World Duty Free, Alpha Airports Group and Aldeasa has said the next three years will be focused on reorganising the company after its acquisition drive
(12-Feb-2008) - The ambitious Italian conglomerate is seeking additional funding to finance acquisition bids, says Italian daily Il Sole 24 Ore
(17-Mar-2008) - The Italian company is keen to expand to new regions but does not plan any acquisitions in the near future
(15-Mar-2006) - SPAIN/INTERNATIONAL. Aldeasa's revenues rose by 5.4% year on year to €646.9m ($779.4m) in 2005, helping to boost profits at parent group Autogrill, whose consolidated results were announced on March 15
(12-Sep-2007) - Reuters claims the Italian group wants to buy out Aldeasa and invest in further expansion of its retail portfolio