Aryzta AG’s organic revenue decline by 2.5% in Q1FY20

  • Nov 22, 2019 GMT
  • Team Kalkine
  • Aryzta AG (LON: 0MFY) has released the first-quarter revenue update for the period ended 31 October 2019.
  • In the first quarter, the group’s organic revenue declined by 2.5 per cent. Group’s reported revenue declined by 2.1 per cent to €843.9 million.
  • Geographical segment-wise, organic revenue of ARYZTA Europe was lower by 0.9 per cent, that depicted company’s focus on profitable revenue.
  • ARYZTA North America organic revenue was down by 6.1 per cent, while ARYZTA Rest of World continued its strong performance and posted organic revenue growth of 7.5 per cent in the first quarter.

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