HEADLINES: • LPP: beat vs. 1Q25 consensus expectations, slow start to 2Q, FY25E rollout plans cut to 1,200 stores POSITIVE • DO & CO: strong 4Q FY25 numbers beat the consensus and our expectations POSITIVE • Poland macro: PM Tusk wins vote of confidence, as expected POSITIVE • InPost: English High Court dismisses motion against Yodel POSITIVE • Polish retail: possible retail sales tax extension to e-commerce NEGATIVE • Orange Polska: key takeaways from Parkiet interview with the CEO NEUTRAL • Hu...
HEADLINES: • Wizz Air: despite setbacks, upside risks may prevail (stays BUY) • Mavi: strong set of results in 1Q25, share buyback programme initiated POSITIVE • Coca-Cola Içecek: investigations launched into the company NEGATIVE • CEZ: ANO proposes State subsidises power prices NEUTRAL • DO & CO: dividend proposal of EUR 2.00/share NEUTRAL • Richter: to voluntarily restrict price of one OTC drug NEUTRAL • Short News (CAR, MBR, SHO)
HEADLINES: • Inter Cars: May sales growth accelerates to 13% yoy POSITIVE • 11 bit studios: Steam demo of Moonlighter 2 attracted limited interest and disappointing reviews NEGATIVE • Orange Polska: increases prices for its Nju mobile post-paid tariffs POSITIVE • cyber_Folks: acquires Romanian hosting company Hosterion for EUR 6.7m NEUTRAL • DO & CO: 4Q FY25E preview - 7% EBITDA growth yoy (due on 12 June) • Text: 4Q24-25E preview – 10% yoy EBITDA increase expected (due on 27 June)
EME Equity Market – April 2025 EME indices mostly in the red in April, Hungarian BUX and Greek ASE the exceptions. The MSCI EM Europe Index declined by 2.0% mom in EUR terms, but was up 2.9% mom in USD terms in April. The Hungarian BUX was the best performer, followed by the Greek ASE index (+3.5% and 0.8% mom in EUR terms, respectively). There was a slight decline in the Polish WIG20, and more pronounced deteriorations in the Romanian BET and Czech PX indices (-0.6%, -2.0% and -4.2% mom in EUR ...
HEADLINES: • DO & CO: the art of the meal (BUY - initiation of coverage) • Diagnostyka: strong 4Q24, in line with the prelims NEUTRAL • Alior Bank: 1Q25 a little below 1Q25E expectations, but valuation (1Q25 P/BV at 1.2x) still very low NEUTRAL • MONETA Money Bank: 1Q25 results almost in line with expectations, ROE of 18% fully priced in by 1Q25 P/BV of 2.2x NEUTRAL • Metlen Energy & Metals: 1Q25 sales +31% yoy, to EUR 1.5bn, in line NEUTRAL • 11 bit studios: strategy update, expands pipeline to...
We initiate coverage of DO & CO with a BUY and a 12M price target (PT) of EUR 167/share. DO & CO is a high-end catering company, serving mainly airlines and international sports events. After the COVID-19 pandemic, DO & CO has delivered exceptional earnings growth, with a 102% EPS CAGR from FY22 to FY25E, driven by the rebound in global air travel and major international events. Leveraging on the contracts signed during the pandemic, improved kitchen utilisation and economies of scale, we foreca...
A director at DO & CO Aktiengesellschaf bought 400 shares at 137.200EUR and the significance rating of the trade was 64/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...
DO & CO AG (AT), a company active in the Restaurants & Bars industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 4 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date February 25, 2022, the closing price was EUR 88.90 and its expected value was estimated at E...
FTSE Index December review - No changes of index constituents in our Coverage Universe AT: Austria enters full lockdown for three weeks as of today (negative) AT: BAWAG Group - Bawag closes Depfa Bank takeover (neutral) CZ: CEZ - CEZ to buy solar plant developer BELECTRIC from RWE (positive) PL: Bank Millennium - MREL target set at 21.41% of total risk exposure (neutral) RU: TCS Group Holding - BoD was authorised to issue and buy back shares (neutral)
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
DGAP-News: DO & CO Aktiengesellschaft / Key word(s): Quarter Results DO & CO Aktiengesellschaft: 18.02.2021 / 09:09 The issuer is solely responsible for the content of this announcement. Divisions and Group Q1 2020/2021in m€ Q2 2020/2021in m€ Q3 2020/2021in m€ Q1-Q3 2020/2021in m€ Q1-Q3 2019/2020in m€ Group revenue 32.47 78.88 78.56 189.91 759.89 Airline Catering 23.93 54.88 55.69 134.50 535.34 International Event Catering 1.99 13.34 14.08 29.41 119.84 Restaurants, Lounges &...
DGAP-News: DO & CO Aktiengesellschaft / Schlagwort(e): Quartalsergebnis DO & CO Aktiengesellschaft: 18.02.2021 / 09:09 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Divisionen bzw. Konzern Q1 2020/2021in m€ Q2 2020/2021in m€ Q3 2020/2021in m€ Q1-Q3 2020/2021in m€ Q1-Q3 2019/2020in m€ Konzernumsatz 32,47 78,88 78,56 189,91 759,89 Airline Catering 23,93 54,88 55,69 134,50 535,34 International Event Catering 1,99 13,34 14,08 29,41 119,84 Restauran...
DGAP-News: DO & CO Aktiengesellschaft / Key word(s): Issue of Debt DO & CO Aktiengesellschaft: 27.01.2021 / 15:32 The issuer is solely responsible for the content of this announcement. DO & CO Aktiengesellschaft Vienna, FN 156765m ISIN AT0000818802 NOTICE pursuant to section 174 para. 2 AktG In exercising the authorization granted by the extraordinary general meeting of shareholders of DO & CO Aktiengesellschaft (the "Company") held on 15 January 2021 to issue convertible bonds, on 21 January 2021 the Management Board of the Company resolved, with the approval of the ...
DGAP-News: DO & CO Aktiengesellschaft / Schlagwort(e): Anleiheemission DO & CO Aktiengesellschaft: 27.01.2021 / 15:32 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. DO & CO Aktiengesellschaft Wien, FN 156765m ISIN AT0000818802 HINWEIS gemäß § 174 (2) AktG Der Vorstand der DO & CO Aktiengesellschaft ("Gesellschaft") hat in Ausübung der ihm durch die außerordentliche Hauptversammlung der Gesellschaft am 15. Jänner 2021 erteilten Ermächtigung zur Ausgabe von Wandelschuldverschreibungen am 21. Jänner 2021 mit Zustimmung des Aufsichtsrates ...
DGAP-News: DO & CO Aktiengesellschaft / Schlagwort(e): Vertrag/Expansion DO & CO Aktiengesellschaft: 21.12.2020 / 11:34 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Put your hands up for Detroit! - Vertragsabschluss mit Delta Air Lines, der weltweit größten Fluglinie - DO & CO wir der neue Hub Caterer in Detroit (DTW) - Mehr als 400 Abflüge pro Tag - 10-Jahres-Vertrag Wien - 21. Dezember 2020 DO & CO schließt langjährigen Cateringvertrag mit weltgrößter Fluglinie Delta Air Lines in Detroit/USA ab Die DO & CO Aktiengesellschaf...
DGAP-News: DO & CO Aktiengesellschaft / Key word(s): Contract/Expansion DO & CO Aktiengesellschaft: 21.12.2020 / 11:34 The issuer is solely responsible for the content of this announcement. Put your hands up for Detroit! - First ever contract win with Delta Air Lines, world's biggest airline - DO & CO will be the new Hub Caterer in Detroit (DTW) - More than 400 flights per day - 10 year contract Vienna - 21 December 2020 DO & CO secures long-term catering contract with global airline leader Delta Air Lines in Detroit/USA DO & CO Aktiengesellschaft proudly ann...
AT: Austria - Austria to enter again a hard lockdown as of December 26 (negative) AT: AT&S - Microsoft reportedly to design own ARM-based server chip (negative) AT: DO & CO - New contract with Delta Airlines (positive) AT: IMMOFINANZ - Acquisition of eight retail parks in AT & CEE (positive) RO: Romania - New Parliament's meeting and the signing of the governing coalition's agreement are scheduled for today (positive) RU: Novatek - Minimum payout level was raised from 30% to 50% of a...
DGAP-News: DO & CO Aktiengesellschaft / Key word(s): Half Year Results DO & CO Aktiengesellschaft: 19.11.2020 / 09:00 The issuer is solely responsible for the content of this announcement. Results for the first half year 2020/2021 (1 April 2020 to 30 September 2020) - solely caused by COVID-19REVENUE REDUCTION : - 78,1% - NET RESTULT: € -37,27m - IMPROVED LIQUIDITY - REDUCED CASH BURN IN Q2 - AIRLINE and EVENT CATERING STILL LIMITED DUE TO TRAVEL RESTRICTIONS - RESTAURANTS AT PREVIOUS YEAR'S LEVEL, GOURMET RETAIL IN ROLLOUT - DO & CO FLAGSHIP-LOCATION IN M...
DGAP-News: DO & CO Aktiengesellschaft / Schlagwort(e): Halbjahresergebnis DO & CO Aktiengesellschaft: 19.11.2020 / 09:00 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Ergebnis für das erste Halbjahr 2020/2021 (1. April 2020 bis 30. September 2020) - LIQUIDITÄT IM Q2 Ausschließlich durch COVID-19 beeinflussteUMSATZREDUKTION : -78,1 % - KONZERNERGEBNIS : -37,27 m€ - LIQUIDITÄT VERBESSERT - GERINGER CASH BURN IM Q2 - AIRLINE und EVENT CATERING NACH WIE VOR LIMITIERT DURCH REISEBESCHRÄNKUNGEN - RESTAURANTS AUF VORJAHRESNIVEAU, GOU...
DO & CO reported 1Q 20/21 figures (April-June) that were, as expected, heavily impacted by Covid-19. -Revenue collapsed by 87% yoy to EUR 32.47 mn. The segment contribution was as follows: §Airline catering revenue of EUR 23.93 mn (-86.2% yoy) §International event catering revenue of EUR 1.99 mn (-95.1% yoy) §Restaurants, lounges and hotels revenue of EUR 6.56 mn (-80.6% yoy)
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