Global restaurateur HMSHost International is a subsidiary of Autogrill S.p.A. A major world player in the food and hospitality industry. We operate in Europe, Asia-Pacific, and the Middle East and have almost 50 years' experience in airport restaurant operations, design, concept and development.
Our expertise lies in bringing vibrant local brands into airport terminals, as well as creating and operating our own innovative, custom-designed restaurants. Either way, our focus is always on rejuvenating the traveller. By welcoming them into an inviting space with a diverse offering and sense of place, we ensure their experience is as authentic as it is memorable – and shareable.
Autogrill S.p.a. is the world’s leading provider of food & beverage (F&B) concessions at travel locations, serving 900 million customers a year at airports, motorways, railway stations, on high streets, and in selected commercial sites and cultural venues.
Autogrill has over more than 57,000 employees working in 30 countries on 5 continents. And 4,200 points of sale at over 150 airports worldwide – about 1.000 locations we operate.
In 2015, Autogrill’s annual turnover was in excess of €4,3 billion.
Tax strategy & key values Autogrill SpA and its wholly owned subsidiaries (“The Company”)
The company strives for a true transparency with tax authorities worldwide.
The Company aims for a reasonable and defendable ETR. Tax planning opportunities are considered within the parameters of the law and in compliance with the group‘s code of ethics.
The company’s tax risks can be divided into 2 categories: (I) passive risks which involves existing tax risks in the current group related to process inefficiencies, change of laws etc. and (ii) active risks, i.e. risks relating to activities such as M&A, financing, buy in’s/buy outs, other new opportunities, etc. The Company aims to reduce passive risks to acceptable levels by implementing proper procedures and internal controls while reviewing them periodically. Furthermore, The Company aims to reduce active risks to acceptable levels through the expertise of the in-house tax teams and through liaising closely with outside (local) tax counsels per event.
The Company’s tax team(s) acts in line with the Group’s Code of ethics.