date:Dec 04, 2012
Aryzta has reported a 9% increase in first-quarter revenue but the Swiss bakery group said that its business continues to be affected by weak consumer spending.
Aryzta benefited from positive currency translations during the period and has maintained its full-year profit forecast of 5-10% growth in underlying earnings per share.
The firm posted revenue of 1.09 billion in the period ending 31 October and underlying revenue was up 1.7%. Acquisitions and disposals added 0.9% to revenue and the cu