Autogrill's spin-off in the duty free sector makes its debut on the Stock Exchange with an increase of more than 4% today: World Duty Free rose by 4,24% to 7,505 euro per share (+0,86% the Ftse Mib), after made its debut in the main Ftse Mib basket at 7,13 euros per share at the start of the session.
This was slightly higher than analysts' forecasts. Excellent reaction from Autogrill which rises by more than 10% to 6,42 euros per share, the best share of the Ftse Mib. After the spin-off of Wdf, the group had started out at around 6 euros. For the debut of Wdf, the number one of the Benetton group, Gilberto, the president of the newco and managing director of Autogrill Gianmario Tondato, and the managing director of Wdf, Josè Maria Palencia, already at the helm of the division before the spin off, were present on the Italian Stock Exchange.
