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Aryzta AG (ARYN.S)

ARYN.S on Swiss Exchange

0.97CHF
19 Jul 2019
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Tue, Jun 4 2019

Aryzta issues profit warning as North America sales lag

ZURICH, June 4 Aryzta on Tuesday cut its full-year profit forecast as continued headwinds in North America buffeted the money-losing Swiss-Irish frozen baked goods company in the fiscal third quarter.

BRIEF-Aryzta Q3 Revenue At EUR 847.9 Million

* Q3 REVENUE AT EUR 847.9 MILLION, REPRESENTING A 4.5% INCREASE YEAR ON YEAR

BRIEF-Aryzta H1 Underlying Net Profit Of EUR 39.5 Million, Down 22.5 Pct

* H1 GROUP ORGANIC REVENUE GROWTH +0.7% IN THE PERIOD, REFLECTING ONGOING STABILISATION

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