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LSG Sky Chefs revenue down 9.6%, profit up in 2009

16-Mar-2010 12:11 PM

Germany’s LSG Sky Chefs revenue down 9.6% - financial highlights for the 12 months ended 31-Dec-2009:

  • Revenue: EUR2,102 million, -9.6% year-on-year;
  • Operating profit: EUR72 million, +2.9%. [more]

LSG Sky Chefs: "This year we will be confronted with the same weak market we have been dealing with so far, and we do not expect to get back to the level of demand we had just a couple of years ago. In addition to our focus on customer retention and new business wins by delivering reliable, high-quality and innovative services, we will also explore growth opportunities in promising markets like Eastern Europe, the Middle East and Africa,” Walter Gehl, CEO. Source: LSG Sky Chefs, 15-Mar-2010.