Catering International & Services (ALCIS) Trading Update summary

Financial performance

• Achieved €443.5 million in 2024 revenue at constant currency, up 36% year-on-year.

• Reported revenue reached €422.8 million, a 29.6% increase from 2023.

• Cleared the €400 million revenue milestone for the first time.

• Currency effect was negative €20.7 million, an improvement over 2023's negative €32.9 million.

• Growth was strong across all quarters, with Q4 up 35.3% at constant currency.

Regional performance

• Revenue distribution in 2024: Eurasia 37.0%, Sub-Saharan Africa 28.2%, North Africa 27.4%, Americas 7.4%.

• All regions contributed to overall growth.

Strategic developments and outlook

• Recent contract wins in Kazakhstan, Ivory Coast, and Algeria, plus two major renewals in Sub-Saharan Africa totaling $91 million.

• Plans to pursue further geographic diversification and service expansion.

• Actively seeking acquisition opportunities to support growth strategy.