Aryzta posts big revenue gains

Irish and Swiss based food group Aryzta has posted a revenue increase of 53.5 per cent to €2.58bn in its full year results.

26th September, 2011

Irish and Swiss based food group Aryzta has posted a revenue increase of 53.5 per cent to €2.58bn in its full year results. Earnings at the company rose 55.6 per cent to €322.3m.

“2011 was a year of substantial repositioning for Aryzta,” said chief executive Owen Killian.

The company’s bakery volumes doubled leading to a 53.5 per cent increase in its food group dvision’s revenue as a result of acquisition. Killian said that the...

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