Ad-hoc | 18 August 2011 09:16
DO & CO Restaurants & Catering AG / Key word(s): Quarter Results 18.08.2011 09:16 Dissemination of an Ad hoc announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Results for the first quarter of the financial year 2011/2012 (unaudited) SALES: EUR 116.9 million EBITDA: EUR 10.8 million EBIT: EUR 6.8 million Sales and earnings further increased New customers acquired Quality and innovation as drivers of growth Vienna, August 18, 2011. DO & CO Restaurants & Catering AG today announced its results for the first quarter of the financial year 2011/2012 (1 April 2011 to 30 June 2011) in accordance with IFRS.Group Q1 2011/12in Mio Q1 2010/11in Mio Changein Mio Change in EUR EUR EUR % Sales 116.9 102.1 14.8 14.5% EBITDA 10.8 9.0 1.8 20.0% Deprecia- -4.0 -4.2 0.2 4.4% tion EBIT 6.8 4.8 2.0 41.1% EBITDA 9.2% 8.8% margin EBIT 5.8% 4.7% marginIn the first quarter of the financial year of 2011/2012, DO & CO reports total sales of EUR 116.9 million, which represents an increase of EUR 14.8 million or 14.5% compared to the previous year (PY: EUR 102.1 million). The consolidated EBIT of the DO & CO Group for the first quarter of the financial year of 2011/2012 amounts to EUR 6.8 million which represents an increase of EUR 2.0 million compared to the previous year (PY: EUR 4.8 million). EBITDA increased from EUR 9.0 million by EUR 1.8 million to EUR 10.8 million. EBIT margin rose from 4.7% to 5.8% and EBITDA margin rose from 8.8% to 9.2%. The net result of the first quarter of the financial year of 2011/2012 amounts to EUR 4.3 million (PY: EUR 2.3 million). Airline CateringAirline Q1 2011/12in Mio Q1 2010/11in Mio Changein Mio Change in Catering EUR EUR EUR % Sales 85.6 75.7 9.9 13.0% EBITDA 8.0 6.7 1.3 19.4% Depreciation -3.5 -3.4 -0.1 -2.3% EBIT 4.5 3.3 1.2 37.0% EBITDA 9.4% 8.9% margin EBIT margin 5.3% 4.4%Sales of the Airline Catering division amount to EUR 85.6 million (PY: EUR 75.7 million). EBITDA increased by EUR 1.3 million from EUR 6.7 million in the first quarter of 2010/2011 to EUR 8.0 million for the first quarter of 2011/2012. EBITDA margin amounts to 9.4% (PY: 8.9%). EBIT increased from EUR 3.3 million to EUR 4.5 million for an EBIT margin of 5.3% (PY: 4.4%). International Event CateringInternational Event Q1 2011/12in Q1 2010/11in Changein Mio Change Catering Mio EUR Mio EUR EUR in % Sales 15.3 11.4 3.9 34.7% EBITDA 1.5 1.1 0.4 36.5% Depreciation -0.2 -0.3 0.1 27.2% EBIT 1.3 0.9 0.5 56.1% EBITDA margin 9.9% 9.8% EBIT margin 8.7% 7.5%Sales of the International Event Catering division amount to EUR 15.3 million (PY: EUR 11.4 million). EBITDA increased from EUR 1.1 million to EUR 1.5 million in the first quarter of the financial year of 2011/2012. EBIT amounts to EUR 1.3 million (PY: EUR 0.9 million). EBITDA margin amounts to 9.9% (PY: 9.8%), EBIT margin amounts to 8.7% (PY: 7.5%). Restaurants, Lounges & HotelRestaurants, Q1 2011/12in Q1 2010/11in Changein Mio Change Lounges & Hotel Mio EUR Mio EUR EUR in % Sales 16.0 15.0 1.0 6.7% EBITDA 1.2 1.1 0.1 7.3% Depreciation -0.3 -0.5 0.2 40.0% EBIT 0.9 0.7 0.3 42.2% EBITDA margin 7.7% 7.6% EBIT margin 5.8% 4.4%Sales of the Restaurants, Lounges & Hotel division amount to EUR 16.0 million (PY: EUR 15.0 million). EBITDA amounts to EUR 1.2 million (PY: EUR 1.1 million) in the first quarter of the financial year 2011/2012. EBITDA margin amounts to 7.7% (PY: 7.6%). EBIT increased from EUR 0.7 million to EUR 0.9 million. EBIT margin amounts to 5.8% (PY: 4.4%). Stock In the first quarter of 2011/2012, the price of DO & CO stock rose by 12.8% on the Vienna Stock Exchange, trading at a maximum of EUR 34.00 at the closure of 30 June 2011. Com-pared to this, the Austrian ATX index lost 4.0% over the same period, closing at 2,766.73 points on 30 June 2011. At the Istanbul Exchange, DO & CO stock enjoyed an even steeper rise of 26.0% over the same period, closing with a maximum price of TRY 81.25 at the ISE100 on 30 June 2011. With this increase, the DO & CO stock grew at a markedly better rate than the Turkish ISE100 index which fell by 1.8% to 63,269.40 points in the same period. According to the stock act 87 the interim report is available for the public at the company's headquarter, A-1110 Vienna, Dampfmühlgasse 5, as well as on the website www.doco.com. 18.08.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DO & CO Restaurants & Catering AG Stephansplatz 12 1010 Wien Austria Phone: +43 1 74000-0 Fax: +43 1 74000-1029 E-mail: organization@doco.com Internet: www.doco.com ISIN: AT0000818802 WKN: 81880 Listed: Freiverkehr in Berlin, München, Stuttgart; Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------