Analysts lukewarm on Aryzta
Cuisine de France owner’s shares dip amid concerns about sales and future direction
Baked goods group Aryzta, which owns the Cuisine de France brand, faces a challenging period ahead, after a disappointing set of figures left analysts questioning the firm’s next move.
A trading statement published last week by the Swiss-Irish food company pointed to a 2.3 per cent dip in underlying revenue growth. However, total revenue grew by 13.2 per cent in the third quarter to €973.2 million, helped by the impact of currency ...
