Ad-hoc | 15 February 2007 09:02
DO & CO Restaurants & Catering AG / Quarter Results
Ad hoc announcement transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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SALES: + 43 % to EUR 150.15 million
EBIT INCREASE: + 45 % to EUR 4.07 million
STRONG INTERNATIONAL GROWTH CONTINUED
DO & CO Restaurants & Catering AG today announces its results for the first
three quarters of business year 2006/2007 (1 April 2006 to 31 December
2006) in accordance with IFRS. DO & CO achieved total sales of EUR 150.15
million in this period, which represents an increase of 43.3 % over the
same period last year. In Airline Catering Division sales increased highly
from EUR 53.29 million from previous year by 53.5 % to EUR 81.78 million.
In International Event Catering sales also increased due to continuous
boosted requests in international and national event catering by 27.1 % to
EUR 35.28 million (previous year EUR 27.75 million). Restaurants & Bars
sales rose from EUR 23.75 million by 39.3 % to EUR 33.09 million. The DO &
CO Group saw its consolidated EBIT after goodwill amortization rise by 44.8
% from EUR 2.81 million to EUR 4.07 million in the first three quarters of
2006/2007. EBITDA came in at EUR 8.36 million (previous year: EUR 7.06
million), and the EBITDA margin at 5.6 % (previous year: 6.7 %).
AIRLINE CATERING – EBITDA of the Airline Catering division rose by EUR 0.40
million or 13.0 % from EUR 3.07 million to 3.47 million. EBIT grew by EUR
0.35 million or 55.6 % from EUR 0.63 million to EUR 0.98 million.
INTERNATIONAL EVENT CATERING – EBITDA increased by EUR 0.71 million or 25.7
% from EUR 2.76 million to EUR 3.47 million. EBIT increased by EUR 0.79
million or 41.1 % to EUR 2.71 million (previous year: EUR 1.92 million).
The EBIT margin decreased marginally from 9.9 % to 9.8 %.
RESTAURANTS & BARS – EBITDA rose by EUR 0.19 million to EUR 1.42 million
(previous year: EUR 1.23 million). EBIT increased from EUR 0.26 million to
EUR 0.38 million in spite of an increase in amortization.
STOCK – DO & CO’s share price posted a significant gain of 97.1 % from 1
January 2006 to 9 February 2007. Marked capitalization represented at the
closing price EUR 87.90 at 9 February 2007 a value of EUR 142.75 million.
Further information: www.doco.com/investor.htm
DGAP 15.02.2007
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Language: English
Issuer: DO & CO Restaurants & Catering AG
Stephansplatz 12
1010 Wien Österreich
Phone: +43 1 74000-0
Fax: +43 1 74000-194
E-mail: organization@doco.com
WWW: www.doco.com
ISIN: AT0000818802
WKN: 81880
Indices:
Listed: Amtlicher Markt in Wien
End of News DGAP News-Service
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