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DO&CO drops 6.6%, JC Decaux stronger

Analysis

Shares in Austrian food services supplier, DO&CO Restaurants and Catering, dropped 6.6% on Friday, slipping back a full EUR2 as European markets trended down at the end of the week.

Other airport suppliers were less affected, with gategroup up 0.8% and autogrill gaining 0.9%. gategroup recently extended business for its core Gate Gourmet brand with Spanish carrier Iberia. The companies signed a four-year agreement valued in excess of CHF400 million in revenue. Autogrill continues a week-long positive run.

Shares in JC Decaux rose 2.6%. The company is reportedly looking at paying dividends this year, although a final decision has not been reached.

Selected airport suppliers daily share price movements (% change): 28-Jan-2011

Airport Suppliers

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