Do & Co reports 10% revenue growth in first quarter

Do & Co Aktiengesellschaft posted first quarter revenue of €642 million for the 2026/27 fiscal year, representing a 5% increase from the prior year period, the company announced today. At constant exchange rates, revenue grew 10%.

The results matched analyst expectations, with the company’s revenue figure in line with the consensus estimate of €644 million.

Growth occurred across all three of Do & Co’s business segments. The Airline Catering division generated €484 million in revenue, up 3.5% year-over-year, or 10% at constant currency. International Catering revenue reached €112 million, an 11.1% increase, while the Restaurant, Lounges and Hotels segment posted €47 million in revenue, up 6.5%.

First quarter EBIT totaled €56.5 million, a 7.7% increase from the same period last year. The EBIT margin improved to 8.8% from 8.6% in the prior year quarter.

The company’s net debt-to-EBITDA ratio declined to -0.07x in the first quarter, down from previous levels as the company continues to reduce leverage.