DO & CO AG — Earnings Release 2015

Feb 12, 2015

Ad hoc announcement

DO & CO Aktiengesellschaft / Keyword(s): Interim Report/Weiteres Schlagwort

DO & CO Aktiengesellschaft:

Ad hoc announcement transmitted by DGAP – a service of EQS Group AG. The
issuer is solely responsible for the content of this announcement.

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Results for the first three quarters of the financial year 2014/2015

SALES: EUR 597.8 million
EBITDA: EUR 58.9 million
EBIT: EUR 39.7 million

continuous increase in sales and earnings
unique business model with a range of brands and divisions secures
sustainable growth
quality and innovation as core differentiation tools

Vienna, February 12, 2015. DO & CO Aktiengesellschaft today announced its
results for the first three quarters of the financial year 2014/2015 (1
April 2014 to 31 December 2014) in accordance with IFRS.

Group Q1-Q3 2014/15 Q1-Q3 2013/14 Change Change
in Mio EUR in Mio EUR in Mio EUR in %
Sales 597.8 482.8 115.0 23.8%
EBITDA 58.9 47.6 11.3 23.7%
Depreciation/Impairment -19.2 -13.6 -5.5 -40.7%
EBIT 39.7 34.0 5.7 16.9%
Profit before taxes 49.8 35.4 14.3 40.5%
Consolidated result 28.8 19.7 9.1 46.1%

EBITDA margin 9.9% 9.9%
EBIT margin 6.6% 7.0%

In the first three quarters of the financial year 2014/2015, DO & CO
reports total sales of EUR 597.8 million which represents an increase of
EUR 115.0 million or 23.8% compared to the previous year (PY: EUR 482.8
million). EBITDA increased from EUR 47.6 million by EUR 11.3 million to EUR
58.9 million. EBITDA margin amounts to 9.9 %. The consolidated EBIT of the
DO & CO Group for the first three quarters of the financial year 2014/2015
amounts to EUR 39.7 million which represents an increase of EUR 5.7 million
compared to the previous year (PY: EUR 34.0 million). EBIT margin amounts
to 6.6 %. The net result of the first three quarters of the financial year
2014/2015 amounts to EUR 28.8 million (PY: EUR 19.7 million). Earnings per
share increased from EUR 2.03 to EUR 3.00 in the first three quarters of
the financial year 2014/2015.

Airline Catering

Airline Catering Q1-Q3 2014/15 Q1-Q3 2013/14 Change Change
in Mio EUR in Mio EUR in Mio EUR in %
Sales 397.3 346.8 50.6 14.6%
EBITDA 43.9 36.6 7.3 20.1%
Depreciation/Impairment -13.0 -10.6 -2.4 -23.0%
EBIT 30.9 26.0 4.9 18.9%

EBITDA margin 11.0% 10.5%
EBIT margin 7.8% 7.5%

Sales of the Airline Catering division amount to EUR 397.3 million (PY: EUR
346.8 million). EBITDA increased from EUR 36.6 million to EUR 43.9 million.
EBITDA margin amounts to 11.0% (PY: 10.5%). EBIT increased from EUR 26.0
million to EUR 30.9 million for an EBIT margin of 7.8% (PY: 7.5%).

International Event Catering

International Q1-Q3 2014/15 Q1-Q3 2013/14 Change Change
in Mio EUR in Mio EUR in Mio EUR in %
Event Catering
Sales 76.2 43.8 32.3 73.8%
EBITDA 6.9 5.0 1.9 37.4%
Depreciation -3.3 -1.0 -2.3 -233.0%
EBIT 3.6 4.0 -0.4 -10.8%

EBITDA margin 9.0% 11.4%
EBIT margin 4.7% 9.2%

Sales of the International Event Catering division amount to EUR 76.2
million (PY: EUR 43.8 million). EBITDA increased from EUR 5.0 million to
EUR 6.9 million in the first three quarters of the financial year
2014/2015. EBITDA margin amounts to 9.0% (PY: 11.4%). EBIT amounts to EUR
3.6 million (PY: EUR 4.0 million), EBIT margin amounts to 4.7% (PY: 9.2%).

Restaurants, Lounges & Hotel

Restaurants, Lounges Q1-Q3 2014/15 Q1-Q3 2013/14 Change Change
in Mio EUR in Mio EUR in Mio EUR in %
& Hotel
Sales 124.3 92.2 32.0 34.7%
EBITDA 8.1 6.1 2.1 34.2%
Depreciation -2.8 -2.0 -0.8 -39.6%
EBIT 5.3 4.0 1.3 31.4%

EBITDA margin 6.5% 6.6%
EBIT margin 4.3% 4.4%

Sales of the Restaurants, Lounges & Hotel division amount to EUR 124.3
million (PY: EUR 92.2 million). EBITDA amounts to EUR 8.1 million (PY: EUR
6.1 million) in the first three quarters of the financial year 2014/2015.
EBITDA margin amounts to 6.5% (PY: 6.6%). EBIT amounts to EUR 5.3 million.
EBIT margin amounts to 4.3% (PY: 4.4%).

Key Figures Q1-Q3 2014/ Q1-Q3 2013/
15 14
in Mio EUR in Mio EUR

Sales m EUR 597.8 482.8
EBITDA m EUR 58.9 47.6
EBITDA margin % 9.9% 9.9%
EBIT m EUR 39.7 34.0
EBIT margin % 6.6% 7.0%
Net result m EUR 28.8 19.7

Employees 8,683 7,080

Equity1 m EUR 209.9 191.0
Equity ratio1 % 37.5% 54.5%
Net debts m EUR 93.9 -21.9
Net gearing % 44.8% -11.4%
Working capital m EUR 48.1 71.2

Operating cash-flow m EUR 50.3 31.9
Cash-flow from investing activities m EUR -176.0 -51.3
Free cash-flow m EUR -125.8 -19.3

EBITDA per share EUR 6.14 4.89
EBIT per share EUR 4.14 3.49
Earnings per share EUR 3.00 2.03
High2 EUR 62.38 40.39
Low2 EUR 38.20 31.39
Price at the end of the period2 EUR 62.38 37.15
Number of shares at the end of the TPie 9,744 9,744
period
Number of weighted shares3 TPie 9,599 9,744
Market capitalization at the end of the m EUR 607.8 362.0
period

1 . Adjusted to take bookvalue of goodwill into account
2 . Closing price
3 . Adjusted by own shares held during the reporting period

Stock

At the Vienna Stock Exchange, the DO & CO share price increased by 65.9% in
the first three quarters of the financial year 2014/2015, closing at EUR
62.38 on 30 December 2014.

At the Istanbul Stock Exchange, the DO & CO share price increased by 58.4%,
closing at TRY 179.00 on 31 December 2014.

During the reporting period, the ATX decreased from 2,523.82 points on 31
March 2014 to 2,160.08 points on 30 December 2014, equivalent to a decrease
of 14.4%.

The Turkish BIST 100 index increased by 22.9%, closing at 85,721.13 points.

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:
http://www.doco.com/Portals/8/berichte/jahres-und-quartalsberichte/tr/q3_2
014.pdf

12.02.2015 The DGAP Distribution Services include Regulatory Announcements,
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Language: English
Company: DO & CO Aktiengesellschaft
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

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