Altadis reports rise in Aldeasa sales
Nicole Mezzasalma
16-Nov-2007
Turnover from the airport retailer was up 15.5% to €159m ($232.6m) in the nine months to September
Franco-Spanish tobacco house Altadis has reported sales of 3.01bn ($4.4bn) in the first nine months of 2007, up 2.3% compared with the previous corresponding period. Sales from airport retailer Aldeasa, which is jointly owned by Altadis and Italian group Autogrill, grew 15.5% to 159m ($232.6m) compared with the nine months to September 2006. The statement from Altadis said: Aldeasa, whose concessions in 14 Spanish airports were recently renewed until the end of 2009, is now the major consolidated company that is reported (proportionally, i.e. 5%), alongside corporate costs.
Bookmark This Article
•
•
•
•
Your Comments On This Article
Related Stories
Articles bearing the symbol
require subscription.
(16-Jul-2007) - The Italian group will aim for full control of the Spanish travel retailer if its fellow 50% stakeholder Altadis is acquired, according to Spanish press reports
(16-Nov-2006) - In this new section DFNI analyses the latest financial results for companies in the travel-retail sector. This month the spotlight is on Altadis, part owner of Spanish travel retailer Aldeasa, and French airports operator and retailer Aéroports de Paris, both of which have just released figures for the first three quarters of this year.
(11-Jan-2005) - Aldeasa and major shareholder Altadis appoint investment banks to advise over Gestion de Explotaciones Aeroportuarias' bid for the Spanish retailer
(15-Apr-2005) - Cuban cigar supplier Habanos could be one of the parties to benefit from Aldeasa's change of ownership if the travel retailer's shareholders accept Italian catering group Autogrill's bid for the company, expected as DFNI goes to press
(16-May-2005) - Spanish-French tobacco supplier Altadis co-president Pablo Isla leaves Altadis

Magazine
Magazine

Altadis reports rise in Aldeasa sales
Delicious
Digg
StumbleUpon
Facebook