Aryzta released its Q3 update. Underlying growth stood at 0.9% (vs. 0.8% in Q2) with volumes down 0.3% and pricing at +1.2%. On reported figures, sales were down 2.4% (-2.3% FX and -1% net acquisitions). Underlying growth by region: Europe 3.9% (vs. 3.8% in Q2), North America -2.3% (vs. -2.4% in Q2), ROW +7.5% (vs. +5.7% in Q2).
06 Jun 2016
Q3 brings nothing special
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Q3 brings nothing special
Aryzta AG (0MFY:LON) | 0 0 1.6% | Mkt Cap: 2,195m
- Published:
06 Jun 2016 -
Author:
Anna Zyniewicz -
Pages:
2
Aryzta released its Q3 update. Underlying growth stood at 0.9% (vs. 0.8% in Q2) with volumes down 0.3% and pricing at +1.2%. On reported figures, sales were down 2.4% (-2.3% FX and -1% net acquisitions). Underlying growth by region: Europe 3.9% (vs. 3.8% in Q2), North America -2.3% (vs. -2.4% in Q2), ROW +7.5% (vs. +5.7% in Q2).