Friday 15 December 2017

Aryzta's annual revenues surpass €3bn for first time

Owen Killian
Owen Killian

REVENUES at food group Aryzta surpassed the €3bn mark for the first time in the year ended July.

Sales were up 7.6pc to €3.097bn while earnings increased by 8.5pc to €406.7m.

The company was formed through the merger of Irish firm IAWS and Swiss group Hiestand.

Its brands include Cuisine de France.

''Underling revenue growth remained positive, and the improved diversification of our channel mix should improve the sustainability of this growth,'' said chief executive Owen Killian.

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