Q1 trading update: revenue was flat organically (+0.3%, with volume -0.6%, price/mix +0.9%) and -5.2% on reported figures (net disposals: -5.3%, FX: +0.2%). By division, Europe recorded +2.0% OG (weaker than Q4 due to lower volumes), North America recorded -2.8% OG (which is weaker than Q4). ROW recorded a solid +7.7% (+6.1% volume-driven). The FY guidance is maintained: organic EBITDA to be up to a mid-to-high single-digit (excluding any disposals).
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Flat Q1
Aryzta AG (0MFY:LON) | 0 0 1.6% | Mkt Cap: 2,195m
- Published:
18 Dec 2018 -
Author:
Anna Zyniewicz -
Pages:
2
Q1 trading update: revenue was flat organically (+0.3%, with volume -0.6%, price/mix +0.9%) and -5.2% on reported figures (net disposals: -5.3%, FX: +0.2%). By division, Europe recorded +2.0% OG (weaker than Q4 due to lower volumes), North America recorded -2.8% OG (which is weaker than Q4). ROW recorded a solid +7.7% (+6.1% volume-driven). The FY guidance is maintained: organic EBITDA to be up to a mid-to-high single-digit (excluding any disposals).