For the 2024-2025 fiscal year, Newrest recorded revenues of 3.336 billion euros, up 33%
America
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- Organic growth rate: 11%
- 4 acquisitions for a total contribution of 555 million euros in revenue for the 2024-2025 fiscal year
- Investment plan executed: 106 million euros
- 35% of capital held by 700 employees
- Negative debt leverage ratio
Toulouse, November 13 2025 – Founded by Olivier Sadran in 1996 in Toulouse, the group, a specialist in out-of-home catering, is recognized for its operations across all catering sectors and associated services. For the fiscal year ending September 30, 2025, Newrest recorded revenues of 3.336 billion euros, up 33%.
The breakdown of its activity is notably marked by acquisitions in three Latin American countries, which have accelerated its expansion and helped position Newrest as one of the global leaders in remote site management. For the first time in Newrest’s history, concession catering and remote-site catering account for 44% of the group’s activity, totaling 1.459 billion euros. In France, Newrest has made significant progress in concession catering and is now a trusted partner for major players in both public and private sectors.
The airline sector, which represents 43% of revenue at 1.435 billion euros, increased by 13%. Rail and commercial catering activities generated substantial revenue of 442 million euros.
The acquisition of Gepsa, the leading facility management company for sensitive sites in France, from the Engie group, has enabled Newrest to become a reference service integrator for the Ministries of Justice, Interior, and Armed Forces.
The strategic direction chosen by Newrest to diversify its portfolio of activities fosters synergies between different business lines and strengthens the company’s commitments to workplace safety and culinary excellence.
More than 106 million euros were invested in the 2024-2025 fiscal year (+28%) to improve operational productivity and environmental impact. The digitization and automation of rail and airline activities, especially through the integration of robotics and artificial intelligence, are levers that will eventually impact all company functions.
Luc Gérardin, Group Chief Financial Officer: “In 2025, PBIT reached 328 million euros, but above all, our net cash position improved, even after acquisitions and investments. This level of liquidity gives us significant investment capacity and, given our agile governance, positions us as a strong partner for all our stakeholders.”
BREAKDOWN OF REVENUE BY BUSINESS SEGMENT
Olivier Sadran, Newrest founder and president: “Despite the acquisition of Compass Group’s operations in Chile, Colombia, and Mexico, combined with the purchase of Gepsa, we remain focused on our organic growth at 11%, which reflects our competitiveness and quality of service. This results in a very high retention rate and significant market share gains. None of this would be possible without the daily commitment of our 61,000 employees.”
Remote site services, Concession Catering, and Facility Management
These three activities were at the heart of the group’s expansion strategy in 2025 and are expected to approach 50% of consolidated revenue in 2026. Facility management complements the concession catering offer.
In Latin America, a highly dynamic region in the mining and oil sectors, the group is recognized as a leading partner, deploying digital and culinary innovations while paving the way for ambitions in the robotization of certain tasks.
This dynamism is also evident in Africa, where the group provides its expertise to major international and national oil and mining players. The remote site services activity is resuming in Tunisia and New Caledonia, marking the start of a new phase of investment.
In Cambodia, the opening of the new Phnom Penh airport in September 2025 highlights group’s expertise in commercial catering through its 38 new outlets.
Airline Catering
Thanks to new contracts with North American airlines (Delta, United, American Airlines) and Middle Eastern carriers, Belgium and the Netherlands doubled their revenue, as has Portugal on a full year basis. Spain, Greece, and England are developing in line with group’s organic growth.
At Houston and Keflavik hubs, installation of dedicated robotic tray assembly lines has started. The opening of the new 14,000 square-meter unit in Madrid demonstrated that this major innovation can be adapted to a multi-airline environment, and it will be deployed in Athens in the coming months. The extension of Delta Air Lines contract in Atlanta brings the group to serve currently 900 flights per day at the world’s busiest airport.
The digitalization of processes, the use of visual recognition, and artificial intelligence have transformed the airline catering and onboard sales business. Data-driven approach is becoming a strategic lever.
Rail Catering
Zurich is among the operational and logistics centers opened by Newrest in 2025 to support the growth of ÖBB’s night train service.
The robotic logistics center in Sucy, opened in March 2025, marks a new step for the group in its drive to innovate and transform ground services for major rail companies like SNCF in France.
PERSPECTIVES
Operational excellence, constant pursuit of innovation, discipline, and financial performance define the Newrest group and underpin its development.
Alexis Frantz, Strategy Director: “We intend to sustain our growth through our approach to innovation, while continuing our investments to modernize and reduce the environmental impact of production network and logistics centers.”
Improvements in operational productivity notably involve the overhaul of the internal ERP, Winrest, and the development of cutting-edge digital solutions.
With more than 61,000 employees in 2025 and an unusual policy of capital sharing, the group promotes internal advancement and facilitates the integration of new talent to support sustained growth.