In Short

Recession hits AryztaAryzta’s UK and Irish business has been hit the hardest by the recession, said the company, as it announced revenue losses in its Food Europe division. In its full year results, ended 31 July 2009, the firm, which focuses primarily on speciality bakery, revealed a drop in revenue of 2.2% to 1.14bn (£1.0bn) in its Food Europe division. Operating profit rose 11.4% to 135,103 (£124,561).

 

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