Do & Co: Substantial Increase in Sales and Earnings

CompaniesRetail & Consumer ♦ Published: August 18, 2011; 17:24 ♦ (Vindobona)

The Austrian catering company recorded a successful start in FY 2011/12. Sales were up 14.5%, EBIT improved to € 6.79m.

Do & Co: Substantial Increase in Sales and Earnings / Picture: © Wikipedia / Afrank99

In the first quarter of its 2011/2012 business year, the Do & Co Group achieved sales of € 116.95m, an increase of 14.5% (€ 14.82m) over the first three months of the previous year.

Consolidated earnings before interest and tax (EBIT) were € 6.79m in the first quarter of 2011/2012 – a plus of € 1.98m. At the same time, the EBIT margin could be increased from 4.7% in…