Share

Stock market: Autogrill slips, Dufry wins the tender for the duty free in São Paulo

The title is among the worst of the Ftse Mib - The Swiss competitor Dufry (+3,3%) won the tender for the management of the duty free of terminal 3 of the San Paolo "Guarulhos" international airport, the largest in the South America.

Shopping day in Piazza Affari on Autogrill shares, which dropped 1,2% at the beginning of the afternoon. This is one of the worst declines of the entire Ftse Mib, which in the same minutes travels in slightly positive territory (+0,15%).

Weighing on the shares are some news coming from Brazil. Swiss competitor dufry (+3,3%) was awarded the tender for the management of the duty free of terminal 3 of theSão Paulo Guarulhos International Airport, the largest in South America.

Looking ahead, however, the news may not be so bad for Autogrill. Last week, the group controlled by the Benetton family filed the application for the listing of World Duty Free (Wdf, Gianmario Tondato Da Ruos in pole position for the appointment as president), the company in which all the assets were collected of the airport sector, which will thus be separated from the motorway ones.

The operation was conceived to increase the weight of the group, which could also seek an important ally. The market has already identified the name: it is precisely the Swiss giant Dufry.

comments