Food: Markets benefit from muted Aryzta results

The Irish-Swiss bakery giant Aryzta is expected to announce a muted set of third-quarter results next week.

1st June, 2013

The Irish-Swiss bakery giant Aryzta is expected to announce a muted set of third-quarter results next week, with modest increases in sales thanks to improving consumer confidence in the US, but negative volumes in Europe.

Aryzta, whose brands include Cuisine de France and Tim Hortons, is focusing increasingly on the US market and on the emerging markets of Brazil and Southeast Asia, namely Malaysia, Taiwan and Singapore.

Latest industry data indicate that US dollar sales...

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