|Bid||6.93 x 0|
|Ask||6.61 x 0|
|Day's range||6.52 - 6.62|
|52-week range||5.75 - 7.40|
|Beta (5Y monthly)||1.44|
|PE ratio (TTM)||N/A|
|Earnings date||09 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||24 Jun 2019|
|1y target est||7.00|
Italian airport and motorway caterer Autogrill on Thursday posted a 63.6% growth in revenues at constant exchange rates to 2.6 billion euros ($2.54 billion) in the first eight months of 2022 and confirmed its outlook for the full year. The group, which is controlled by the Benetton family and is set to be taken over by Swiss duty-free retailer Dufry, said the result was driven by the recovery of international airport traffic and the resilience of passenger movements at U.S airports and on motorways in Europe. Autogrill confirmed its guidance for 2022, with revenue for the year of around 3.8 billion euros and free cash flow of about 200 million euros.
With the travel industry making a strong rebound this year, one tourism-adjacent mega-merger is cleared for takeoff. On Monday, Swiss-based...
Dufry's takeover offer for Autogrill is at a discount to Friday's trading price, Dufry CEO Xavier Rossinyol said on Monday. "If you take the share price of Dufry that was around 30 (Swiss francs) ($30.63) on Friday and you multiply that by 0.158 you will have the equivalent price we are paying for Autogrill and you will see that is roughly - at least for the first 50% - about a 25-30% discount on the trading on Friday," he told journalists on a conference call.