DO & CO AG: Q2 Growth and Strategic Expansion

DO & CO AG is poised for accelerated growth in Q2, with sales projected at €676 million, marking an 8% year-on-year increase. The company's EBIT is anticipated to reach €61 million, reflecting a 12% growth and a 9.0% margin. Positive trends in airline catering support this momentum, with Turkish Airlines reporting a 3.6% rise in passenger numbers. The premium airline segment also shows promise, as Delta's Q3 premium revenue grew by 18% year-on-year.

Strategic agreements with Air India and American Airlines are expected to drive further growth. Additionally, upcoming contracts with Emirates and Air Canada will sustain this positive trend. Higher airfare prices underscore the importance of premium services, enabling airlines to justify elevated ticket costs.

In the event catering segment, DO & CO anticipates significant growth driven by the World Cup and Formula 1 hospitality events. Sales are expected to grow by 32% to €85 million, with an EBIT margin of 10.5%. The consistent demand for premium travel and sports hospitality positions the company for sustainable expansion.