gategroup publishes 2024 Annual Report

Core Insights - gategroup achieved record revenues of CHF 5.2 billion in 2024, marking an 11% increase from CHF 4.7 billion in 2023 [1] - EBITDA rose significantly by 73% to CHF 391 million, compared to CHF 226 million in the previous year [1] - The company's cash and cash equivalents increased to CHF 355 million as of December 31, 2024, up from CHF 285 million at the end of 2023 [1] Financial Performance - The year 2024 was characterized as a year of action and affirmation by the CEO, with all regions contributing to the highest revenue ever [2] - Improvements in EBITDA, operating cash flow, liquidity position, and balance sheet indicate strong financial performance [2] Company Overview - gategroup is recognized as the global leader in airline catering, retail-on-board, and hospitality products and services [3] - The company operates over 200 units in more than 60 countries, providing superior culinary and retail experiences through innovation and advanced technology [3]