Ad hoc announcement pursuant to Art. 53 of the SIX Swiss Exchange Listing Rules gategroup announces launch of syndication for new term loan financing May 15, 2025 gategroup Holding AG and its subsidiaries (together "gategroup") is announcing that it is launching a syndication in the institutional loan market of proposed new senior secured term loan Bs. In connection with the financing, gategroup also expects to enter into a new revolving credit facility in an amount of approx. CHF 300 million (equivalent) ...

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]