Ad-hoc | 23 August 2007 10:25
DO & CO Restaurants & Catering AG / Quarter Results Release of an Ad hoc announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- SALES: EUR 86.23 million EBIT: EUR 2.75 million / EBIT MARGIN: 3.2 % INCREASE IN SALES AND RESULTS IN ALL DIVISIONS DO & CO Restaurants & Catering AG announces its results for the first quarter of 2007/2008 (1 April 2007 to 30 June 2007) in accordance with IFRS. This quarter DO & CO generated sales of EUR 86.23 million, a figure EUR 38.07 million higher than the first quarter figure the previous year (EUR 48.16 million). Airline Catering saw sales increased at EUR 62.62 million following EUR 27.73 million in the previous year. International Event Catering sales increased by EUR 0.83 million from EUR 10.72 million to EUR 11.55 million. Restaurants, Lounges & Hotel division raised its sales by EUR 2.35 million from EUR 9.71 million to EUR 12.06 million. The consolidated EBIT for the DO & CO Group in the first quarter of 2007/2008 rose from EUR 0.85 million to EUR 2.75 million in the period under review. This represents a raise of EUR 1.90 million. EBITDA increased by EUR 4.27 million and amounted to EUR 6.34 million (previous year: EUR 2.07 million). AIRLINE CATERING – Due to the better utilisation of gourmet kitchens and the inclusion of the new units in Turkey and Austria the EBITDA for Airline Catering increased from EUR 0.93 million to EUR 4,36 million while EBIT increased by EUR 1.37 million from EUR 0.24 million to EUR 1.61 million. INTERNATIONAL EVENT CATERING – EBITDA increased by EUR 0.32 million from EUR 0.80 million to EUR 1.12 million. EBIT improved by EUR 0.18 million from EUR 0.59 million to EUR 0.77 million. RESTAURANTS, LOUNGES & HOTEL - EBITDA increased by EUR 0.52 million from EUR 0.34 million to EUR 0.86 million whereas EBIT rose by EUR 0.35 million to EUR 0.37 million (previous year: EUR 0.02 million). STOCK – The DO & CO stock recorded an increase of 3.1 % in the period from 1 April to 30 June 2007. The market capitalization totaled EUR 196.83 million at the closing price of EUR 101.00 on 30 June 2007. The interim report according to stock act 87 is available for the public at the company’s headquarter, A-1110 Vienna, Dampfmühlgasse 5, as well as on the website www.doco.com. 23.08.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- 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 Internet: www.doco.com ISIN: AT0000818802 WKN: 81880 Indices: Listed: Amtlicher Markt in Wien End of News DGAP News-Service ---------------------------------------------------------------------------