IBERSOL | 2019 Annual Report

2019 ANNUAL REPORT RELATÓRIO E CONTAS 2019 2019 also saw the conclusion of the full renovation of 19 restaurants to their definitive formats in the new Spanish concessions, which has allowed for a reduction in the negative impacts that resulted from the change in perimeter brought on by the closing and opening of restaurants in the four concessions (Barcelona, Málaga, Las Palmas and Alicante). Over the year traffic slowed in the Canaries airports, which led to steeper losses in the second semester in the Las Palmas and Fuer- teventura concessions, countering the positive performance of the units in these locations. Sales in Restaurnts 000.000 Euros 500 450 400 350 300 250 200 150 100 50 0 102 127 110 204 133 2018 2019 Concessions & Catering Counters Restaurants 227 103