LSG Group grows on global scale

LSG Group grows on global scale
02/08/2019 - 05:00
Travel caterers, LSG Group continued to grow as sales of €1.62Billion are 4.4% higher than during this period last year despite the expiration of two catering contracts in Italy and South Korea.

The LSG Group provides end-to-end on-board products and services for the travel industry. It possesses a portfolio of independent brands including LSG Sky Chefs (catering and hospitality, including lounges), Retail inMotion (onboard retail), Spirant (onboard equipment) and Evertaste (convenience food). 

Dr. Kristin Neumann, chief financial officer at the LSG Group, said: “Our business has benefited from increased demand for our products and services across all parts of the world.

“We are very satisfied with the financial and operational performance of our teams around the globe as our business is on track despite continued political and economic uncertainty in some of our most important markets.”

In the spring, the company opened two new customer service centers in Phoenix, USA, and in Nairobi, Kenya. Major business wins include the renewal of sizable catering contracts with airBaltic, Delta Air Lines and United for LSG Sky Chefs.

Erdmann Rauer, chief executive officer at the LSG Group added: “Our focus is now on building on the seemingly unlimited possibilities of digitalisation to create a holistic and highly flexible service offering that can be easily tailored to rapidly changing demands.”

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