Tuesday December 1, 2020

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...

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