Do&Co sees decision on mega catering deal with BA at year-end - CEO

Date : 09/04/2007 @ 3:12AM
Source : TFN
Stock : DO & CO Restaurants (DOC)
Quote : 0.63  0.0 (0.00%) @ 2:58PM
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Do&Co sees decision on mega catering deal with BA at year-end - CEO

        VIENNA (Thomson Financial) - A decision on who will win the airline catering
contract worth over 1 bln stg with British Airways is expected at the turn of
this year, according to the chief executive of DO&CO Restaurants & Catering AG
Attila Dogudan. 
    In an interview with the Austrian daily Die Presse, Dogudan -- whose
catering company has made the final short-list of four-- said winning the
contract would require an investment of between 10 and 30 mln stg, which Do&Co
would finance partly through cash-flow and a capital increase.
    
    
fiona.flanagan@thomson.com
ff/lam

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