Expansion Plans at Do&Co;

♦ Published: June 7, 2011; 16:50 ♦ (Vindobona)

The Austrian catering company reported strong growth in revenue and earnings. Cash on hand will be used for worldwide expansion.

Expansion Plans at Do&Co; / Picture: © Wikipedia / Anna reg

Despite sales shortfalls in the crisis-ridden airline business Do&Co achieved the “best result in the company’s history” in the last year, said founder Attila Dogudan at the financial statement press conference on Tuesday. In the business year 2010/11 the catering company recorded increased revenue and earnings. Consolidated EBIT went up by € 9.8m to € 28.3m, group net…