DO & CO AG Achieves Strong Growth and Resumes Dividend

DO & CO AG has reported robust financial results for FY'24/25, highlighted by a 26% increase in sales, reaching €2.3 billion. The company's success is attributed mainly to significant wins in tenders, contributing €400 million or 22% of the sales growth. Airline Catering, the largest division, saw an 18% increase in sales. While International Event Catering experienced a 19% decline year-on-year, it still achieved a 6% overall sales growth.

The company's earnings before interest and taxes (EBIT) margin reached the targeted 8%, with Q4 achieving an 8.5% EBIT margin. DO & CO AG made strides in reducing leverage, paying down €150 million in debt. The management has decided to resume dividend payments, proposing a €2.00 dividend per share.