Aryzta says first quarter sales rise by 6%

The Cuisine de France owner said its business in Ireland and the UK returned to growth in the period

Aryzta owns Cuisine de France brand. Pic: Pixabay

Cuisine de France owner Aryzta said first quarter sales rose by 6.1 per cent to €995 million, helped by acquisitions and foreign exchange effects, which added 0.7 per cent and 5.8 per cent to revenue respectively.

The baked goods group maintained its full-year guidance of earnings per share of 365 to 385 cent for the 2016 fiscal year.

Aryzta described its first quarter revenue performance as "satisfactory", despite a 0.4 per cent drop ...