Events for December
M T W T F S S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
Add your event FREE

Today


Videos


Polls


Accomodations in Austria


Cosmo and Nanu

Do_&_Co_increases_profit_and_revenue

Do & Co increases profit and revenue

The Do & Co catering company, registered on the stock market in Vienna and Istanbul, has made more revenue and profit in the first nine months of the 2012/13 financial year, reveals a current press release by the company.

According to this release the company profit increased in comparison to the year before by 23.9 percent (14.9 million Euros to 18.4 million Euros) as of 31 December 2012. The operative profit increased by 24.8 percent. Revenue increased by 22.2 percent to 442.2 million Euros. The number of employees also increased dramatically from 1,518 to 5,642.

All of Do & Co’s business areas increased in terms of profit and revenue in comparison to the year before.

The airline-catering sector was an area of strong growth thanks largely to British Airways and Ethihad at their New York location. The share in group revenue fell from three quarters to two thirds (67.8 percent).

Event catering also showed growth with a 61.7 per cent increase in revenue, with the operating profit increasing by 64.5 percent. Through this, the share in the group revenue increased from 11 percent to 14.5 percent. This growth was largely due to the football European Championships 2012.

The revenue of the Restaurant, Lounges & Hotel area increased by 48.7 percent to 78.25 million Euros. The share in group revenue increased from 14.5 to 17.7 percent. This is largely thanks to the newly established business partnership with ÖBB, the Austrian Rail Service. Do & Co now provides catering for long-distance train services.

Do & Co is confident about the future without naming any precise figures. According to the press release, they are continuing to evaluate new possible acquisitions.

Vienna Times






Tag cloud:
business  increasing  Restaurant  Austrian  Lounges  Hotel  growth  percent  comparison  increased  European  largely  profit  Championships  confident  football  Euros  thanks  revenue  catering


Latest News

 

Mad About Mammoths At Vienna Museum
A unique exhibition in the Austrian capital Vienna has proved a massive hit after bringing together for the first time some of the most famous frozen woolly mammoth remains.

Spate of Crimes throughout Vienna and Lower Austria Solved
Four men have been arrested after committing 113 break-ins, 21 thefts and causing at least 260,000 Euros worth of damage.

Dad Punished Child, 2, With Boiling Hot Shower
A two-year-old girl is in an artificial coma and fighting for her life after her father threw her into a scalding hot shower leaving her with severe burns at the family home in the Austrian capital Vienna.

Police And Firemen Get Cold Turkey
Flipping the bird was given a new meaning in Austria this week when a truck filled with plucked turkeys overturned, closing a busy motorway in the process.

Halloween At The Zoo
Pumpkin pie might be the order of the day for people this Halloween but now zoo animals are also getting in on the act.

Baby Naked Mole Rats Born In Vienna
With their pink hairless bodies and fangs for front teeth, these baby naked mole rats were never going to win any cuteness contests at Schonbrunn Zoo in the Austrian capital Vienna.

Jihad Girls Gunpoint Retraction Of Desire To Go Home
Austrian anti-terrorism police believe that an interview given to a French magazine allegedly with one of the two teenage girls who fled to Syria to join in the jihad was probably carried out at gunpoint.

MEP caught In Brit papers Fraud Probe Jailed
A corrupt MEP caught by a British newspaper offering to propose amendments to EU laws in exchange for 100,000 euros a year has been given a three-year-jail term.

Vienna Jihad Girls Want To Come Home
The two Austrian teenage girls who became ‘poster girls’ for the jihad in Syria are now desperate to come home after getting completely disillusioned with their new lifestyles.

Viennese Jihad Girl May Have Been Killed
Austrian police say that one of the two attractive young teenage girls who fled the country to go to Syria to fight on the side of Islamic rebels may have been killed.

 


Rieders Digests


The most popular stories –
last 7 days