Economy Caterer Do & Co: After profit warning, there should...

Caterer Do & Co: After profit warning, there should be no dividend

-

At the listed company Catering company Do & Co has already sent 650 short-time employees and 150 have been given notice. The company also has one on Friday evening Profit warning for the current Business year published.

“Given the massive reduction in global flight offerings due to the ongoing COVID-19 pandemic, and the government’s restrictions and bans on events and restaurant operations, analysts’s revenue and earnings expectations for the April 1, Business year 2020/2021 will not be achieved, “it said in a statement.

Extensive savings package

In order to maintain operations, the board of directors “has decided on a comprehensive package of measures to save personnel and material costs that is already being implemented”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Coronavirus, the latest news from Italy and the world

10.50 am - Russia, free serological test for all inhabitants of Moscow All Moscow...

No spontaneous Pentecost holidays in the Netherlands

Dutch Prime Minister Mark Rutte does not want to greet spontaneous holidaymakers from Germany on Pentecost weekend. The virus...

Mini: here is the restyled Countryman

It's restyling day! After the Mercedes E-Class Coupé and Cabriolet and the BMW 5 Series, here is the Mini...

Whoa! Could minor league players declare themselves free agents if they don’t get paid?

Now that the teams of the MLB they don't want to pay the players of minor leagues, these could...

Must read

No spontaneous Pentecost holidays in the Netherlands

Dutch Prime Minister Mark Rutte does not want to...

You might also likeRELATED
Recommended to you