DO & CO AG/€DOC

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About DO & CO AG

DO & CO AG is a multinational company based in Austria, operating primarily in the catering and hospitality industry. It provides high-quality catering services across three main segments: airline catering, international event catering, and restaurants, lounges, and hotels. Founded in 1981 by Attila Dogudan, the company has expanded its geographic footprint significantly, serving clients across Europe, the Middle East, the Americas, and parts of Asia. Headquartered in Vienna, DO & CO differentiates itself through its focus on premium quality and customized catering solutions, addressing the needs of diverse and global clientele. The company's strategic positioning leverages its expertise in delivering catering services that align with varying cultural and culinary expectations, enhancing its competitive advantage in the global hospitality market.
Ticker
€DOC
Sector
Business services
Primary listing
VSE
Employees
16,470
Headquarters
Vienna, Austria

DO & CO AG Metrics

BasicAdvanced
€2.1B
19.05
€10.03
0.81
€2.50
1.31%

Bulls say / Bears say

DO & CO delivered record FY 2025/26 revenue of €2.46 billion, while EBIT rose 15.6% and the EBIT margin expanded to 8.6%. Q1 2026/27 continued the trend, with revenue up 5.0%, EBIT up 7.7% and the margin reaching 8.8%. (DO & CO, MarketScreener)
A sizeable contract pipeline should support growth beyond Q1, including Air India and American Airlines at Heathrow, Emirates in Boston and Air Canada in Los Angeles. Event catering also has a strong near-term calendar, with FIFA World Cup hospitality expected to contribute across the first two quarters. (MarketScreener, NuWays)
The balance sheet has become a meaningful strength: cash reached €240.8 million and net debt-to-EBITDA fell to 0.05x at March 2026. That gives DO & CO financial flexibility to fund capacity expansion and absorb operational shocks. (DO & CO)
The Middle East conflict already cost about €40 million of first-quarter sales and caused two Formula 1 cancellations. The FY 2026/27 margin target still depends partly on whether the conflict eases or escalates. (NuWays, MarketScreener)
Airline catering generated 79.2% of group revenue in FY 2025/26. That leaves DO & CO heavily exposed to airline schedules, passenger volumes and the renewal of major airline contracts. (DO & CO)
Currency movements materially reduce reported growth: FY 2025/26 revenue rose 7.1% at reported rates but 17.6% at constant exchange rates. The same gap appeared in Q1, making reported results sensitive to exchange-rate swings. (DO & CO, MarketScreener)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.

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