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ITALY. Autogrill has won an Oscar di Bilancio 2013 award for the standard of its financial reporting, on the grounds that it provides an “exhaustive picture” of the company’s operations.
Chairman Gilberto Benetton and CEO Gianmario Tondato Da Ruos collected the “˜Listed companies and large enterprises’ award today, taking part in a ceremony held at the Milan headquarters of Borsa Italiana, under the aegis of the President of the Republic.
“This accolade acknowledges the crowning of the internationalisation process that Autogrill initiated years ago and which through continual investment in growth has made it a leading Italian group at world level,” said Benetton.
“An exhaustive and transparent financial report certainly helped provide a clear picture of the business and that is capable of generating value for all the stakeholders.”
The Oscar di Bilancio is promoted and organised by Ferpi, the Italian Federation of Public Relations, and examines and assesses the financial reporting of the companies taking part in terms of communication, structure and usability for all their stakeholders. They do not look at the merits of the economic, environmental or social results obtained. Autogrill won an Oscar di Bilancio in 2008 in the “˜Corporate Governance’ category.
This year’s awards jury said: “The Company presents a well-organised and robust model based on a governance system that takes into account bothcclearly defined processes and relationships with stakeholders.
“Great care went into providing a full description of the various types of risk affecting the food & beverage and travel retail & duty free sectors. Its commitment to sustainability, as seen in the excellent results achieved, is endorsed by the Project A-Future, whose aims are improvement and innovation across three areas: People – Products – Planet.”
