Catering International & Services (ALCIS) H1 2025 TU earnings summary

Executive summary

• H1 2025 revenue reached €238.9 million at constant currency, up 19.8% year-over-year; reported revenue was €236.5 million, up 18.6% year-over-year.

• Growth in Q2 2025 continued, with revenue up 12.3% at constant currency and 9.2% on a reported basis compared to Q2 2024.

Financial highlights

• Negative currency impact in H1 2025 was €2.4 million, significantly reduced from €13.0 million in H1 2024.

• Africa contributed 54.7% of revenue, up 22% at constant currency; Eurasia contributed 42.0%, up 32%.

• Americas' share dropped to 3.3% of revenue, down 49% at constant currency due to contract expirations.

Outlook and guidance

• Confident in achieving 2025 targets, expecting continued business growth and ramp-up of major contracts.

• Ongoing geographical diversification and evaluation of acquisition opportunities to support growth strategy.