Autogrill
World’s leading provider of food & beverage services for travellers.
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 3 % | 5 % | (59 %) | 30 % | 55 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 8 % | 8 % | 9 % | (9 %) | 6 % | 7 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 2 % | 1 % | 4 % | (22 %) | (1 %) | (1 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Autogrill's journey began in the 1940s with Mario Pavesi, a visionary Lombard businessman who opened a small outlet on the Milano-Torino motorway. Initially, Pavesi's venture focused on selling biscuits, but it quickly evolved into a broader catering service for travelers. This marked the inception of what would become a staple in Italian travel culture.
In 1977, a significant transformation occurred when the Italian state-owned conglomerate Istituto per la Ricostruzione Industriale (IRI) acquired and merged several Italian catering companies, including Pavesi's. This merger led to the formation of Autogrill S.p.A., setting the stage for its expansion beyond Italy.
Autogrill's growth was marked by strategic acquisitions and partnerships, allowing it to extend its reach across Europe and North America. The company became known for its presence in airport terminals and motorway service areas, offering a variety of food and beverage options to travelers.
A pivotal moment in Autogrill's history was its acquisition by Edizione Holding, the investment arm of the Benetton family, which took a 50.1% stake. This move solidified Autogrill's financial foundation and supported its global expansion strategy.
Today, Autogrill operates in over 30 countries, managing a diverse portfolio of licensed and proprietary brands. Its evolution from a small motorway kiosk to a multinational catering giant underscores its adaptability and commitment to serving travelers worldwide.