IBERSOL | Integrated Management Report 2022

BUSINESS YEAR ACTIVITY This division of the Group is dedicated to the management of 53 catering outlets in Spain, located in 7 airports, 3 train stations and other tourist facilities. These points of sale are operated by 24 brands, some of which are private labels such as Pans&Company, Café Pans, Ribs andSantamaría, others created especially for this segment, such as Breadway, Caffé di Fiore, Mediterranean Terrace and Fire&Bread, and finally others are operated through franchises: EAT, Go Natural, Coffee Republic, TapaTapa, Central Café, Jamaica, Malvón, Wok Street, Mussol, among others. With these brands, the Group has the skills tomanage different restaurant formats ranging from Grab & Go to Casual Dining, Fast Food and traditional coffee shops. The year 2022 was characterised by a significant recovery in traffic, ending the year with -14.9%, compared to 2019. As of April, all units still closed due to pandemic restrictions were reopened, and the year ended with all units in operation. The central production unit in Barcelona began developing new prod- ucts, of which the production of Argentinean empanadas stands out. The Lanzarote concession ended in 2022, and a new tender was launched for 8 units for 8 years, which we won. Thus, new international brands will be integrated in this airport in 2023, namely KFC, Pizza Hut and Pret a Manger. SPAIN TRAVEL 132