Capital expenditure

Investments of €52.6m were 1.3% higher than the previous year's €51.9m (+1.4% at constant exchange rates), and amounted to 7.3% of sales (7.7% in 2007). The increase reflects the numerous development activities (new contracts and extensions) carried out in previous years. Some of these include, in the airport channel, the upgrading of locations at Brussels Airport and the completion of all outlets at Copenhagen and Shannon Airports; in the motorway channel, the reorganisation of the rest stops in Stroe, Holland and Weer, Austria and of various locations in France, and the opening of three new rest stops on the Cofiroute; and at railway stations, the revision of menu offerings at Paris Gare de l'Est.