Aryzta reported another disappointing half year, with further negative growth and a sharp decline in profitability (especially due to North America). Significant one-time items also weighed. The efficiency programme is on track but hasn’t yet succeeded in offsetting its costs.
10 Mar 2020
North America strongly weighs
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North America strongly weighs
Aryzta AG (0MFY:LON) | 0 0 1.6% | Mkt Cap: 2,195m
- Published:
10 Mar 2020 -
Author:
Laura Parisot -
Pages:
2
Aryzta reported another disappointing half year, with further negative growth and a sharp decline in profitability (especially due to North America). Significant one-time items also weighed. The efficiency programme is on track but hasn’t yet succeeded in offsetting its costs.