DO & CO AG — Earnings Release 2007

Nov 15, 2007

News Details

Ad-hoc | 15 November 2007 09:28

DO & CO Restaurants & Catering AG:

DO & CO Restaurants & Catering AG / Half Year 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.

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SALES: EUR 188.65 million
EBIT: EUR 10.91 million / EBIT MARGIN: 5.8 %
STRONG INTERNATIONAL GROWTH
DO & CO Restaurants & Catering AG announces its results for the first half
year of 2007/2008 (1 April 2007 to 30 September 2007) in accordance with
IFRS. In the first half year of the business year 2007/2008 the DO & CO
Group increased its sales by EUR 83.42 million from EUR 105.24 million to
EUR 188.65 million.
The division Airline Catering shows a noticeable increase of EUR 75.63
million from EUR 60.41 million in the previous year to 136.05 million. The
sales in International Event Catering increased at EUR 26.04 million in the
first half of business year 2007/08 following EUR 24.33 million in the
previous year. Restaurants, Lounges & Hotel division raised its sales by
EUR 6.07 million from EUR 20.49 million to EUR 26.56 million.
In the period under review the DO & CO Group shows a consolidated EBIT of
10.91 million. This represents a growth of EUR 6.01 million compared to the
previous year. EBIT-Margin rests at 5.8 %. EBITDA increased by EUR 10.92
million and amounted to EUR 18.35 million (previous year: EUR 7.43
million).
AIRLINE CATERING – EBITDA for Airline Catering increased from EUR 9.07
million to EUR 12.99 million while EBIT rose by EUR 4.78 million from EUR
2.53 million to EUR 7.31 million.
INTERNATIONAL EVENT CATERING – EBITDA increased by EUR 0.53 million from
EUR 2.72 million to EUR 3.25 million. The EBIT improved by EUR 0.27 million
from EUR 2.26 million to EUR 2.53 million. EBIT-Margin holds at 9.7 %
(previous year: 9.3 %).
RESTAURANTS, LOUNGES & HOTEL - EBITDA increased by EUR 1.31 million from
EUR 0.79 million to EUR 2.10 million whereas the EBIT improved by EUR 0.95
million to EUR 1.06 million (previous year: EUR 0.11 million). This equals
to an EBIT-Margin of 4.0 %.
STOCK – The DO & CO stock recorded a slight decrease of 2.9 % in the period
from 1 April to 30 September 2007. The market capitalization totaled to EUR
185.53 million at the closing price of EUR 23.80 on 30 September 2007.

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.
15.11.2007 Financial News transmitted by DGAP

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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 74000-1029
E-mail: organization@doco.com
Internet: www.doco.com
ISIN: AT0000818802
WKN: 81880
Listed: Foreign Exchange(s) Wien

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