Share

Stock market, Autogrill at peak after the accounts

Autogrill's stock is bringing up the rear in Piazza Affari – The shares are affected by the 2012 accounts released yesterday: profit -23%, no news on dividends.

A day to forget in Piazza Affari for the title of Autogrill, which at the beginning of the afternoon left almost three points on the field, at the bottom of the Ftse Mib standings. 

Yesterday, the group released its 2012 accounts, which disappointed the market. In particular, profit dropped by 23,3%, at 96,8 million euros. The two business areas – catering and duty free – will be separated within the year and will create two listed companies, as confirmed by the company's managing director, GianMario Tondato. However, there is no indication of a possible dividend for shareholders.

comments