Analyst Henrik Paganetty of Jefferies maintained a Buy rating on DO & CO Aktiengesellschaft (0E64 – Research Report), retaining the price target of €215.00.
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Henrik Paganetty has given his Buy rating due to a combination of factors that highlight DO & CO Aktiengesellschaft’s strong financial performance and growth potential. The company reported impressive Q4 results for FY 2024/25, with sales reaching €524 million, which surpassed both Jefferies’ and consensus estimates. This growth was primarily driven by the airline catering segment, benefiting from increased demand as airlines focus on enhancing service quality.
Moreover, the company’s EBIT margin showed significant improvement, reaching 8.4% in Q4, up from 7.3% in the previous year, thanks to higher kitchen utilization and effective cost management. The diverse growth across all segments, including International Catering and Restaurant, Lounges, and Hotels, further underscores the company’s robust performance. DO & CO’s active participation in tenders to enhance capacity utilization also signals potential for future growth, supporting the Buy recommendation.
According to TipRanks, Paganetty is ranked #3432 out of 9606 analysts.