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Investing.com -- Austrian catering company Do&Co AG (VIE:DOC) on Wednesday reported strong second-quarter results for fiscal year 2025/26, with sales reaching €625 million, representing 8% year-over-year growth and slightly exceeding analyst expectations.
The company’s Q2 EBIT came in at €54.3 million, up 16% compared to the same period last year, with an improved margin of 8.7% versus 8.1% in Q2 2024/25. This performance was 3% above consensus estimates of €52.7 million, driven by higher kitchen utilization rates.
Growth was primarily fueled by the Airline Catering segment, which increased 10% year-over-year to €515 million. The Restaurant, Lounges and Hotels segment also showed strong performance with 14% growth to €46 million, while the International Catering segment declined 10% to €64 million.
Do&Co continued to strengthen its financial position, reducing its net debt-to-EBITDA ratio to 0.4 as of September 30, 2025, down from 0.72 in the prior year.
The company confirmed its guidance for the fiscal year, maintaining its growth trajectory.
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