Microsoft deal reboots profits at caterer KSG
Updated: Feb 25, 2020
Catering services company KSG grew its annual pre-tax profits from €689,000 to €1.7m last year, partly on the back of a contract with tech colossus Microsoft in the UK.
Accounts for the year ending March 2019 show that sales at KSG Dining, which is part-owned by London-listed DCC, increased by 9% to more than €67m.
KSG employs 1,400 people and caters for corporate clients such as Accenture, KPMG, Deloitte, Pfizer and Laya Healthcare.
It also operates facilities at universities and hospitals as well as its own retail brands including Street Kitchen in Heuston railway station, SoMa restaurant at Dublin airport, and Craft Lane bar at Cork airport.
In March 2019, KSG started a five-year contract at two Microsoft offices in London. It also provides services at the company's campus in Leapardstown, Dublin.
KSG chief executive Michael Gleeson said that the company had developed various food and drink concepts for corporate clients, including on-site micro coffee roasters. It also offers pre-ordering apps for workers at sites with thousands of employees.
KSG's plastic free cafe at UCC was recently entered into the EU's 2020 European Business Awards for the Environment.
"Sustainability is a huge trend", said Gleeson.