Autogrill : Italy's Autogrill says virus dents sales by 190 mln euros as of end-March

Italian travel caterer Autogrill said on Thursday the coronavirus outbreak had a negative impact of 190 million euros on its sales as of end-March and that it was not in a position to give a reliable forecast for its 2020 full-year results.

The group - which runs restaurants and bars in motorways, at airports and in railway stations in Italy and abroad - said it was suspending or reducing to the minimum all planned investments and cutting labour costs.

The Benetton-controlled company said it was receiving first positive feedback from landlords in ongoing negotiations to review the fixed part of the rents.

(Reporting by Francesca Landini, editing by Giulia Segreti)