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Aryzta revenue up 13.2%, but underlying revenue down 2.3% in its Q3

BERN: Swiss bakery business Aryzta AG (ARZTY.PK,ARZTF.PK), in its third quarter trading update for the period ended 30 April 2015, said that total revenue grew by 13.2% in the quarter to 973.2 million euros. But, underlying revenue declined 2.3% in the period. Acquisitions provided 3.1% growth and currency movements provided growth in the quarter of 12.4%. Europe revenue grew by ... Read More »