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Borsa, Autogrill runs after the accounts

The stock flies to the top of the Ftse Mib after the publication of the accounts for the first nine months, showing a marked improvement.

Wave of purchases on Autogrill's share on the Stock Exchange, which at the beginning of the afternoon managed to gain six percentage points, posting the best performance of the Ftse Mib, which in the same minutes was in the red by about 1%.

The stock accelerated after the release of the company's accounts, which closed the first nine months of the year with a Net income of 46,9 million (a clear improvement compared to 31,2 million in the same period of 2013), against revenues of 2,86 billion, with an increase of 2,5% net of the US retail branch, which is been sold.

It also rises considerably cash generation, which amounts to almost 248 million, against 159 million in the first nine months of last year.

As for the third quarter, theEbitda consolidated amounted to 144 million (+8%, again excluding the non-recurring net income from the sale of the US Retail branch), against revenues of 1,08 billion (+1,2%).

Lastly, Autogrill announces that it expects revenues of 2014 billion euros and an Ebitda of 3,91 million for the whole of 314, with investments of approximately 203 million.

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