Autogrill Raises FY Outlook for Underlying EBIT Margin, Net Result

• (PLX AI) - Autogrill 2021 guidance upgrade.
• • Autogrill now sees fy revenue eur 2.3-2.6 billion (unchanged)
• • Autogrill raises fy underlying ebit margin outlook to -2.5/-1.5% from -4/-2% previously
• • Autogrill raises fy underlying net result outlook to EUR -170/-150 million from EUR -200/-160 million previously
• • Raises free cash flow outlook to EUR 35-50 million from EUR -15/+30 million
• • guidance based on the results of the effective cost management initiatives over the year
• • 2025 targets unchanged