ARYZTA Releases Q1 Financial Results
Q1 2020 Performance Overview
Group organic revenue declined by (2.5)% during the quarter. ARYZTA Europe organic revenue declined by (0.9)%, reflecting our focus on profitable revenue. ARYZTA North America organic revenue declined by (6.1)%, as previously indicated. ARYZTA Rest of World had another strong performance with organic revenue growth of 7.5%.
Group reported revenue declined by (2.1)% to €843.9m, reflecting the impact from disposals of (1.6)% and a positive currency impact of 2.0%.
Q1 2020 Performance Summary
ARYZTA AG Chief Executive Officer, Kevin Toland, commented...
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