• NuWays reiterated BUY on DO & CO, cut 12-month target price to EUR 250 from EUR 266, citing a more cautious near-term view tied to prolonged Strait of Hormuz disruption and fuel-supply risk.
• Long-haul route exposure seen cushioning catering volumes, with airlines expected to trim lower-yield short-haul capacity first.
• Turkish Airlines and Istanbul Airport flagged as potential beneficiaries of rerouting, with March passenger growth of 16% year over year for Turkish Airlines, 8% for Istanbul Airport.
• Margin resilience framed around contract structure and cost flexibility, with about one-third of sales under open-book contracts with fixed margins, variable costs near 80% of sales.
• Estimates lowered to reflect delayed growth and margin expansion, with revised assumptions broadly in line with consensus for 2026-27 including 8.8% sales growth and 8.9% EBIT margin.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DO & CO AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: rc_25616), on May 06, 2026, and is solely responsible for the information contained therein.