June 25, 2017 8:46 PM ET

Commercial Services and Supplies

Company Overview of gategroup Holding AG

Company Overview

gategroup Holding AG, together with its subsidiaries, engages in the operation of airline catering and provisioning services in Europe, the Middle East, Africa, the Commonwealth of Independent States, North America, Latin America, and the Asia Pacific. It offers catering services, such as airline catering and provisioning, and executive jet catering services; and network solutions that include onboard rail services, airline technology solutions, and supply chain and logistics solutions. The company also provides onboard service equipment and solutions; amenity kits and comfort items; and distributed food and beverage solutions. In addition, it designs, develops, operates, and manages airport...

Balz-Zimmermannstrasse 7

Zurich,  8058

Switzerland

39,000 Employees

Phone:

41 44 533 7000

Fax:

41 44 533 7172

Key Executives for gategroup Holding AG

Chief Executive Officer, Member of Executive Management Board and Director
Age: 46
Chief Financial Officer and Member of the Executive Management Board
Age: 51
Chief Executive Officer of eGate Solutions Brand
Age: 56
President of Americas & EMEA and Member of Executive Management Board
Age: 51
President of Asia Pacific and Member of Executive Management Board
Age: 50
Compensation as of Fiscal Year 2016.

gategroup Holding AG Key Developments

Gategroup Holding AG To Be Deleted From Other OTC

Gategroup Holding AG's unsponsored ADR (Switzerland) will be deleted from Other OTC, effective May 15, 2017. The deletion is due to ADR/GDR program terminated.

gategroup Holding AG Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016

gategroup Holding AG reported audited consolidated earnings results for the year ended December 31, 2016. For the period, the company’s total revenue was CHF 3,363.1 million against CHF 2,996.4 million a year ago. Operating profit was CHF 77.6 million against CHF 40.0 million a year ago. Profit before tax was CHF 53.9 million against loss of CHF 44.5 million a year ago. Profit thereof attributable to shareholders of the company was CHF 30.7 million against loss of CHF 63.4 million a year ago. Diluted earnings per share attributable to shareholders of the company were CHF 1.16 against loss of CHF 2.43 a year ago. Net cash flow generated from operating activities was CHF 107.8 million against CHF 49.3 million a year ago. Purchase of property, plant and equipment was CHF 60.7 million against CHF 43.4 million a year ago. Purchase of intangible assets was CHF 6.1 million against CHF 7.6 million a year ago. EBITDA was CHF 200.5 million against CHF 145.6 million a year ago.

gategroup Holding AG Announces Cancellation Of Publicly Held Shares And Delisting From SIX Swiss Exchange As Of April 27, 2017

By decision dated April 6, 2017, the Commercial Court of the Canton of Zurich cancelled all registered shares of gategroup Holding AG not directly or indirectly held by HNA Aviation (Hong Kong) Air Catering Holding Co., Ltd., Hong Kong ("Offeror") based on article 137 of the Financial Market Infrastructure Act. Holders of cancelled shares will be paid cash compensation in the amount of CHF 53 for each cancelled share, corresponding to the offer price paid by the Offeror in its public tender offer for all publicly held shares of gategroup Holding AG. By decision dated April 18, 2017, SIX Exchange Regulation definitively approved the delisting of the registered shares of gategroup Holding AG from SIX Swiss Exchange as of April 27, 2017. The last trading day of the registered shares of gategroup Holding AG will be April 26, 2017.

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