Food group Aryzta has reported positive organic revenue growth from continuing operations in the three months to May 1. The company’s continuing operations reported revenue of €361.4m for the period, a 2.6pc increase year-on-year, according to a trading update. Allowing for currency fluctuation, total revenue increased 1.4pc. The total Aryzta group reported organic revenue growth of 6.2pc to €622m in constant currency in quarter three. In the nine months to May 1 Aryzta reported revenue of €1.1bn from continuing operations, a decline of 12pc in organic movement.

Source: Irish Independent June 01, 2021 06:45 UTC