Brief: Autogrill H1 Net Loss Shrinks To EUR 37.4 Mln

Autogrill SpA

29/07/2022 12:22

July 29 (Reuters) - Autogrill SpA  AGL.MI :
    * H1 REVENUE EUR 1.76 BILLION VERSUS EUR 938.3 MILLION YEAR
AGO
    * H1 NET LOSS EUR 37.4 MILLION VERSUS EUR 148.3 MILLION YEAR
AGO
    * H1 UNDERLYING EBIT EUR 22.5 MILLION VERSUS NEGATIVE EUR
88.8
MILLION YEAR AGO
    * FY2022 GUIDANCE UPGRADED
    * SEES IN 2022 REVENUES OF ABOUT EUR 3.8 BILLION
    * FY2022 GUIDANCE UPGRADED: FREE CASH FLOW APPROX €200M
(COMPARED
WITH INITIAL GUIDANCE OF BETWEEN €160M  AND €180M)
    * FY2024 TARGETS REMAIN UNCHANGED
    * GUIDANCE DOES NOT CONSIDER SPREAD OF COVID-19 VARIANTS,
POSSIBLE
ESCALATION OF CONFLICT IN UKRAINE AND RESULTING NEGATIVE IMPACT
ON GLOBAL TRAFFIC THAT WOULD RESULT

Further company coverage:  AGL.MI 

 (Reporting by Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))