Aryzta sales rise in first quarter

by Staff
Share This:

ZURICH, SWITZERLAND — Aryzta, formed earlier this year from the merger of IAWS Group and Hiestand Holding AG, said first-quarter sales totaled €865.5 million ($1,089 million) in the period ended Oct. 25, up 32% from the same period a year ago. "Food is a very resilient and stable business," said Owen Killian, chief executive officer of Aryzta AG, in an interim management statement issued Dec. 1. "We have excellent products and trusted brands combined with a strong service network." The company said its Food North America division posted sales of €137.4 million ($173.2 million), up 15% from a year ago.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.