February 6, 2020 / 11:52 AM / 18 days ago

Autogrill confirms 2019 earnings guidance, posts 5 bln euro sales

MILAN, Feb 6 (Reuters) - Italy’s Autogrill said on Thursday it expected 2019 core profits to come in between 458 million and 463 million euros, in line with a previous guidance indicated last June.

The group, which runs restaurants and cafes in some of the busiest airports of the world, said sales rose 6.4% at current exchange rates last year. They were up 3.1% on a like-for-like basis and reached 5 billion euros.

Reporting by Francesca Landini

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