DO&CO Restaurants & Catering AG Value Stock - Dividend - Research Selection
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Description of the company
RESTAURANTS, LOUNGES & HOTEL
The division Restaurants, Lounges & Hotel is the heart of the DO & CO group and is comprised of restaurants, cafés, lounges, hotel, staff restaurants, retail, airport gastronomy and railwaycatering. Throughout this financial year, the lounge-sector particularly saw a thoroughly pleasing increase in sales. Over 4.1 million passengers enjoyed the culinary services that DO & CO offers in its 30 lounges around the world. Further notable sales increases were made in the area of staff restaurants located in Austria and Germany. End of June 2016 saw an exciting time for DO & CO when the first Café Nespresso was opened in London City as part of DO & CO’s joint venture with Nespresso. Alongside Nespresso coffee, fresh products such as sandwiches, quiches, paninis and a broad selection of desserts from DO & CO’s London-based gourmet kitchen are being served.
INTERNATIONAL EVENT CATERING
The European football championship UEFA EURO 2016 in France marked the fourth time DO & CO has partnered with UEFA, whereby DO & CO was responsible for the realisation of hospitality and catering programmes, including not only its exquisite gourmet offer, but extending to infrastructure, cleaning, hostesses and entertainment. Approximately 175,000 guests enjoyed exclusive DO & CO catering. This event was followed by the Champions League final in Milan and the UEFA Europe League final in Basel. For over 25 seasons, DO & CO has been responsible for the catering of Formula One and has served VIP guests of the Paddock Club in 18 different countries. Furthermore, DO & CO’s remit includes the entirety of the VIP hospitality-infrastructure. An exciting new addition is the catering for the Mercedes Motorhome. Whether at the ATP Masters in Madrid, the show jumping tournament CHIO Aachen, the beachvolleyball tournament in Klagenfurt, Porec and Fort Lauderdale or at numerous annual winter sport events, such as the Hahnenkamm race in Kitzbühel, night slalom race in Schladming, as well as the ski jumping in Bischofshofen – DO & CO, again, ensured a unique atmosphere and the culinary wellbeing of its guests.
With its unmistakable, innovative and competitive range of products, this division generates the largest portion of sales. Worldwide, DO & CO set new standards in the premium segment of airline catering with its 30 gourmet kitchens in New York, Chicago, London, Istanbul, Frankfurt, Munich, Milan, Malta, Warsaw, Kiev, Seoul, and Vienna, as well as further locations throughout Austria, Germany, Turkey and Poland. Throughout the financial year 2016/17, DO & CO has provided culinary services to more than 94 million passengers on more than 646 thousand flights. DO & CO has built up a customer portfolio of over 60 airlines, within which prestigious clients, such as Turkish Airlines, British Airways, Emirates, Etihad Airways, Qatar Airways, Cathay Pacific, Austrian Airlines, Singapore Airlines, Air France, South African Airways, LOT Polish Airlines, Oman Air, Ukraine International Airlines, Royal Air Maroc, Korean, EVA Air, Egypt Air, China Southern Airlines, Royal Jordanian, China Airlines, NIKI, Pegasus Airlines, Asiana Airlines and many more are to be found.