Q1 organic growth was below expectations. North America continued to lag behind, while Europe disappointed. The Rest of the World was better, even if we have observed a deceleration on the back of low single-digit volume growth. We are waiting for more details on the outlook in the H1 presentation (March), which should offset the current lack of visibility.
25 Nov 2019
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Aryzta AG (0MFY:LON) | 0 0 1.6% | Mkt Cap: 2,195m
- Published:
25 Nov 2019 -
Author:
Laura Parisot -
Pages:
3
Q1 organic growth was below expectations. North America continued to lag behind, while Europe disappointed. The Rest of the World was better, even if we have observed a deceleration on the back of low single-digit volume growth. We are waiting for more details on the outlook in the H1 presentation (March), which should offset the current lack of visibility.