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RSS FeedsARYZTA Q3 revenue update
(WorldNews Switzerland)

 
 

24 may 2018 09:30:22

 
ARYZTA Q3 revenue update
(WorldNews Switzerland)
 


Third Quarter Trading Updatefor the period ended 30 April 2018 Zurich/Switzerland, 24 May 2018 - ARYZTA AG announces third quarter trading and lowers FY 2018 guidance Outlook and Key Developments - Q3 EBITDA margins are below management expectations. - ARYZTA estimates FY18 EBITDA will be c. 9-12% lower than prior EBITDA guidance. - Cumulative three-year EUR200m cost reduction plan announced. Revenue for the 13 weeks ended 30 April 2018 (unaudited) ARYZTA ARYZTA ARYZTA ARYZTA in EUR million Europe North America Rest of World Group Revenue 409.0 340.4 62.0 811.4 Organic growth (2.6)% (1.3)% 9.3% (1.2)% Disposals (2.5)% (16.1)% - (8.9)% Currency (1.3)% (10.8)% (13.3)% (6.7)% Revenue growth...


 
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