The group Rest closed the first half of 2013 with a net profit of 4,3 million euros, down by 64,2% compared to 11,9 million in the first half of 2012. The net financial position improved with debt at 815,4, 117,8 million at the end of last June, a decrease of 933,2 million compared to 31 million as at 2012 December 32,6. The figure includes the loss of 42,6 million in the Food & Beverage sector and the profit of XNUMX million in the Travel retail & Duty Free, destined for demerger.
The airport business supports Autogrill's accounts, which closed the first half of 2013 with revenues of 1,837 billion euro.
“The six-month period – commented the CEO Gianmario Tondato Da Ruos – showed a clear growth in airport activities. Furthermore, starting from the second quarter, the good performance of the business in North America was joined by a European scenario which, with the exception of the Italian motorway channel, began to gradually gain in strength. The excellent economic results and strong cash generation continue in Travel Retail”.
In 2013 for Food & Beverage the group expects revenues of 4,05 billion and investments of 180 million, while the estimate for Travel retail & Duty free sees revenues of 2,05 billion in line with last year, and investments over the 70 million.
At the beginning of the afternoon, Autogrill's share on the Stock Exchange gained more than one and a half points.
