Aryzta posts revenue growth

12 March, 2012

Aryzta, the Swiss-based speciality bakery company, has this morning revealed a 0.9% increase in revenue to 1.91bn (£1.59bn).

Its group ebita, or underlying profit, also grew by 3.3% to 178.8m in the six months to 31 January 2012.

In its food group, the company which is listed in Zurich and Dublin, said revenue improved by 9.4% to 1.4bn, with its Food Europe division increasing by 7.5%.

Owen Killian, Aryzta’s chief executive, said: “Underlying performance was robust, despite challenging trading conditions. 2012 remains a critical year of transformation for Aryzta with significant ATI-driven change under way across the group to enhance our customer-centric focus. This, combined with our strengthened balance sheet, will enhance future shareholder value from growth with existing customers and sector consolidation opportunities.”





My Account

Spotlight

Most read

Social

Calendar

See all events