Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last SFr.32.65 CHF
Change Today -0.85 / -2.54%
Volume 91.3K
GATE On Other Exchanges
Symbol
Exchange
SIX Swiss Ex
Frankfurt
OTC US
OTC US
As of 11:43 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

gategroup holding ag (GATE) Snapshot

Open
SFr.33.50
Previous Close
SFr.33.50
Day High
SFr.33.50
Day Low
SFr.32.25
52 Week High
03/24/15 - SFr.34.43
52 Week Low
10/16/14 - SFr.17.66
Market Cap
874.6M
Average Volume 10 Days
84.5K
EPS TTM
SFr.0.69
Shares Outstanding
26.8M
EX-Date
04/20/15
P/E TM
47.3x
Dividend
SFr.0.45
Dividend Yield
1.38%
Current Stock Chart for GATEGROUP HOLDING AG (GATE)

Related News

No related news articles were found.

gategroup holding ag (GATE) Related Businessweek News

No Related Businessweek News Found

gategroup holding ag (GATE) Details

gategroup Holding AG, together with its subsidiaries, engages in the operation of airline catering and provisioning services worldwide. It specializes in catering and hospitality, provisioning and logistics, and onboard products and services to companies that serve people on the move. The company operates through two segments, Airline Solutions, and Product and Supply Chain Solutions. The Airline Solutions segment offers airline catering and provisioning; onboard retail services and technology solutions; airport lounges; and security services for catering and cargo under the Gate Gourmet, Gate Retail Onboard, Gate Aviation, Gate Safe, Performa, and eGate Solutions names. The Product and Supply Chain Solutions segment focuses on the design, procurement, and delivery of physical products under the deSter, Harmony, Supplair, and Pourshins brands. This segment provides services, such as onboard service equipment; amenity kits and comfort items; distributed food and beverage solutions; and supply chain and logistics solutions. The company offers its services to traditional full-service and low-cost carriers; in premium and economy cabins; and for short-haul and long-haul services, as well as for executive aviation, rail, and retail markets. gategroup Holding AG is headquartered in Kloten, Switzerland.

27,800 Employees
Last Reported Date: 05/21/15

gategroup holding ag (GATE) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

gategroup holding ag (GATE) Key Developments

gategroup Reports Group Earnings Results for the First Quarter Ended March 31, 2015

gategroup reported group earnings results for the first quarter ended March 31, 2015. The company reported revenues for the group in the first quarter 2015 at CHF 669.9 million; this is a 0.6% growth on previous year revenues. The company reported EBITDA of CHF 10.9 million compared to CHF 18 million on prior years, but this result includes some special effects. This was driven by a CHF 8.0 million provisions within the Airline Solutions division related to the labor agreement currently under mediated negotiations in the U.S. and a CHF 1.5 million charge associated with addressing shareholding activism. Excluding these two matters adjusted EBITDA for the period was at CHF 20.4 million, an increase of 13.3% compared to prior year. The company reported a CHF 37.6 million loss in the first three months of the year, compared to a CHF 16.7 million loss for the same period in 2014. The groups cash flow used in operations was CHF 27.3 million for the period compared to a CHF 10.1 million absorption for the same period in 2014. This was largely due to lower EBITDA and a build-up of working capital. Historically, the groups’ revenue experiences some seasonality with the strongest revenue performance in the second and third quarters. Cash flow generation in the first quarter has traditionally been the weakest. Net debt of CHF 255.1 million as of March 31, 2015 was significantly lower than the CHF 300.4 million as of March 31, 2014. Operating loss was CHF 6.4 million against CHF 0.4 million a year ago.

gategroup Holding AG Approves Dividend for the Year 2014; Announces Management Changes

gategroup Holding AG announced that at the annual general meeting held on April 16, 2015, the shareholders approved the management approved the proposed dividend of CHF 0.45 per share. The shareholders also approved the election of David Barger, Gerard van Kesteren, Frederick Reid and Julie Southern as members of the board of directors, each for a term until the end of the next annual general meeting. Neil Brown, Ilona De March, Andrew Gibson and Brian Larcombe were not standing for re-election. Following the annual general meeting the board of directors appointed Julie Southern as chairperson of the compensation committee and Gerard van Kestern as chairperson of the audit committee. Remo Brunschwiler was appointed vice chairman of the board of directors.

gategroup Holding AG, Annual General Meeting, Apr 16, 2015

gategroup Holding AG, Annual General Meeting, Apr 16, 2015., at 10:00 Central European Standard Time. Location: Radisson Blu Hotel, Zurich-Airport. Agenda: To consider approval of the management report, the consolidated financial statements and the annual financial statements and consultative vote on the 2014 compensation report; to consider the appropriation of available earnings and dividend; to consider the discharge to the members of the board of directors and executive management board; to consider the elections to the board of directors; to consider the election of the chairman of the board of directors; to consider the elections to the compensation committee; to consider the election of the independent proxy representative; to consider the re-election of the auditors; and to consider the compensation.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GATE:SW SFr.32.65 CHF -0.85

GATE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for GATE.
View Industry Companies
 

Industry Analysis

GATE

Industry Average

Valuation GATE Industry Range
Price/Earnings 49.1x
Price/Sales 0.3x
Price/Book 3.3x
Price/Cash Flow 12.0x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GATEGROUP HOLDING AG, please visit www.gategroupmember.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.