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Cuisine de France parent-firm’s earnings jump to €271.3m

Earnings at Aryzta rose to €271.3 million in the year to July

Urs Jordi, chair and interim chief executive of Aryzta, said the business is focused on organic growth

Earnings at Aryzta, the parent company of Cuisine de France, rose to €271.3 million in the year to the end of July, up 12.8 per cent compared to the same period last year.

After costs and deductions, Aryzta recorded a profit of €112 million, up from just €900,000 for the same period period last year.

Organic growth was a key factor in the improved results, increased from 17.9 per cent to 21.6 per cent.

The ...