Aryzta reports 2.7% rise in first-half earnings but revenue falls short

The Cuisine de France owner said revenue growth will be "erratic" for the next 18 months

14th March, 2016
A Cuisine de France pop-up shop

Cuisine de France owner, Aryzta, has reported a 2.7 per cent rise in first-half earnings to €230.8 million but said revenue missed its own forecasts and growth will remain "erratic" for the next 18 months.

The company said revenue development has been "erratic" for the past 12 months and will be for the next 18 months as it commissions and optimises its capacity. Contract renewals in North America and customer changes in Europe will reduce growth by...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The twelve deals of the year

Alphabet soup: 2021 in review

EY reports €393m revenues in Republic of Ireland for 2021 financial year