ORIOR news
You will find the latest news of the ORIOR Group.
Successful ORIOR Investor Day
at Casualfood in Frankfurt
Zurich, 19 September 2023
At the ORIOR Investor Day 2023, investors and analysts visited Casualfood GmbH at Frankfurt Airport. ORIOR acquired Casualfood in four tranches from 2018 to 2022. The young company, which focuses mainly on travel gastronomy at airports, effectively came to a standstill during the pandemic. But passengers have returned and so Casualfood is back on track. During a comprehensive tour, the participants were able to witness first-hand the many different Casualfood concepts and the dynamic world of airport operations. Following the site visit, the two Co-CEOs of Casualfood, Michael Schorm and Andreas Förster, showcased the business model, the full range of concepts, and the organisational structure.
ORIOR Strategy 2025 on target
CEO Daniel Lutz and CFO Andreas Lindner confirmed the Group’s strategic direction during the subsequent presentation on the current implementation status of the ORIOR Strategy 2025. The strategy is implemented every day at work, in numerous small and large measures and in specific strategic and operational projects. Steady and significant progress was made in all the goals set, and the implementation of the ORIOR Strategy 2025 is proceeding as planned.
Since the beginning of the strategy, ORIOR Group achieved an average organic growth of 4%.
The absolute EBITDA has increased steadily since the beginning of the strategy and the EBITDA margin has also exceeded 10.0% every year.
The debt ratio has steadily fallen to 2.06x since 2020, significantly below the target of <2.5x.
Equity ratio has consistently improved each year, and by the end of 2022, the return on capital employed (ROCE) had risen to a solid 15.5%.
ORIOR pursues an attractive dividend policy and has increased the absolute dividend every year since the IPO in 2010.
In terms of sustainability, ORIOR has taken important and commendable steps forward; however, there is still much to do.
Daniel Lutz, CEO of the ORIOR Group: “Besides the measurable ambitions from the ORIOR Strategy 2025, there are many other metrics, initiatives and measures that define our progress and success. Not least, it is our motivated and committed employees who give their best every day and work relentlessly to achieve progress, despite the challenging conditions. That’s what makes us successful.”
Download links
>> Presentation Status quo ORIOR Strategy 2025
>> Media image gallery
Contact
Milena Mathiuet, Chief Corporate Affairs Officer
Phone +41 44 308 65 13, email: investors@orior.ch
Investor Calendar
13 March 2024: Publication of 2023 financial results and Annual Report
23 May 2024: Annual General Meeting of ORIOR AG
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