Turnover: 2.4 billion EUR (2024)
Country: France
- Originally named Catair, the Newrest group was founded in Toulouse in 1996, and is one of the world leaders in multi-sector catering.
- It operates in all segments of catering and related services. The group posted growth of +12% between 2016 and 2017
- Its workforce in France in 2022 will be around 36,000 people
News
Catering: Newrest wins airline contracts 28/11/2023
- Toulouse-based airline, railway and catering group
- 40.000 employees in 56 countries
- sales of 2.22 billion euros in 2023, with an Ebit of 8.7%.
- Airline catering business up 40% in 2023
- Two major ten-year contracts in the United States, with Delta Air Lines in Atlanta and Salt Lake City, and United Airlines in Houston.
- This activity grew by 50% in 2023 and generated 400 million euros in revenues.
- Since November 2022, Newrest has been in charge of catering for Scandinavian Airlines for seven years, in a joint venture with Inflight International Logistics.
- Major ten-year contract with Transavia
- Newrest increased its activity at Roissy, Montreal and Johannesburg airports by signing contracts with Emirates and Cathay Pacific.
- Tahiti airport concession renewed for seventeen years,
- Founded in 1996, Newrest is now one of the top three airline catering companies behind Gategroup, operating 88 units in 34 countries.
- 96.5% of capital controlled by management
- One third of sales are generated by institutional catering and lifestyle centers. These activities grew by 20% in 2023
- Contract to supply a Chevron oil base in the Angolan enclave of Cabinda and to serve mines in South America, Renault plants in Morocco and Moroccan prisons.
- Rail catering accounts for 12% of sales
- Renewal of Intercités and TGV contracts in 2021
- Ouigo SNCF contract in Spain and extension of logistics for Eurostar.
Newrest air catering expands internationally 11/02/2023
- Toulouse-based Newrest group (35,000 employees) expands internationally in the airline, rail and institutional catering sectors
- Takeover of EIH Flight Services at Mauritius International Airport (airline catering, €10 million sales, 300 employees)
- The United States becomes Newrest's third largest market
- Newrest operates in nine countries in Africa and the Indian Ocean.
- In Europe, the joint venture between Newrest and Inflight International Logistics has been managing Scandinavian Airlines' catering in Stockholm, Copenhagen and Oslo since November 2022 (€500 million contract over seven years)
- In the rail sector, renewal of two contracts for catering services on TGV and Intercités trains, and night train services in Austria.
- Development of facility management services to complement our activities in Africa and South America
Financial Data
DUNS: 412575623
Legal Name: NEWREST FRANCE
Address: 8 ALLEE HENRY POTEZ , 31700 BLAGNAC
Number of employees: Entre 250 et 499 salariés (2021)
Capital: 358 920 EUR
Financial Data:
| Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 113 298 308 | 81 288 656 | 33 352 143 | 56 352 826 | 112 241 012 | 101 590 488 | 96 670 806 | 105 870 735 | 102 962 239 |
| Gross margin (€) | 78 752 827 | 54 430 079 | 23 166 266 | 37 723 745 | 76 612 016 | 76 139 967 | 66 388 085 | 71 197 937 | 69 782 447 |
| EBITDA (€) | 9 040 606 | -2 388 679 | -5 076 415 | -5 423 283 | 4 447 249 | 3 506 037 | -534 270 | 5 696 686 | 7 999 905 |
| Operating profit (€) | 7 879 919 | -3 544 322 | -6 038 821 | -8 944 884 | 971 767 | 1 908 563 | -2 208 429 | 3 664 103 | 6 493 755 |
| Net profit (€) | 8 959 952 | 3 364 894 | 581 238 | -17 800 424 | 2 348 702 | 3 564 593 | -1 308 802 | 3 595 725 | 4 488 391 |
| Turnover growth rate (%) | 39,4 | 143,7 | -40,8 | -49,8 | 10,5 | 5,1 | -8,7 | 2,8 | - |
| Ebitda margin rate (%) | 8 | -2,9 | -15,2 | -9,6 | 4 | 3,5 | -0,6 | 5,4 | 7,8 |
| Operating margin rate (%) | 7 | -4,4 | -18,1 | -15,9 | 0,9 | 1,9 | -2,3 | 3,5 | 6,3 |
| Working Capital (turnover days) | -34,4 | -31,8 | -58,3 | -33,3 | -0,5 | 18,5 | 2,9 | 3,3 | -2,4 |
| Working Capital requirements (turnover days) | 9,8 | 9 | 19,2 | -7,8 | 7 | -0,1 | -2,3 | 4,7 | 5,5 |
| Net margin (%) | 7,9 | 4,1 | 1,7 | -31,6 | 2,1 | 3,5 | -1,4 | 3,4 | 4,4 |
| Added value / Turnover (%) | 38 | 31,9 | 31,3 | 28,1 | 28,3 | 24,6 | 26,9 | 33,3 | 34,8 |
| Wages and social charges (€) | 31 289 738 | 26 535 896 | 22 372 656 | 19 665 290 | 28 239 852 | 26 284 975 | 26 598 552 | 28 033 831 | 26 628 494 |
| Salaries / Turnover (%) | 27,6 | 32,6 | 67,1 | 34,9 | 25,2 | 25,9 | 27,5 | 26,5 | 25,9 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration | Paul, Emmanuel, Emile | Schvartz | 38 | |
| Directeur général | Stephane, Jean-louis | Hegron | 56 | |
| Administrateur | Valerie | Monjou | 56 | |
| Administrateur | Olivier | Sadran | 55 | |
| Administrateur | Jonathan, Edward | Stent-torriani | 59 |
Studies mentioning this company
The foodservice market - France
Other companies mentioned:
- Agapes Restauration
- Le Duff Groupe
- Buffalo Grill
- Courtepaille
- Autogrill
- Hippopotamus (Bertrand Groupe)
- Flunch
- Frères Blanc (Bertrand Groupe)
- Côté Sushi (ETLB Franchiseur)
- Boréa
- Convivio Groupe
- Newrest
- Dupont Restauration
- Bertrand Groupe
- McDonald’s France
- Pizza Hut (Yum Brands Group)
- Holder Groupe
- Areas France
- La Boucherie - Baudelaire groupe
- Zenchef
- Alain Ducasse Groupe -De Gustibus
- Paul Bocuse Groupe - Institut Paul Bocuse
The collective catering market - Spain
Other companies mentioned:
- Serunion
- Eurest Compass
- Grupo Mondragon (Auzo Lagun)
- Mediterranea de Catering
- Aramark Servicios de Catering
- Elior Ristorazione S.p.a
- Sodexo France
- Catering Arcasa
- Albie
- Newrest
- Restoria (Unigrains)