Food group’s ‘resilient’ results impress markets

SPECIALITY food group Aryzta published first-half results on Monday that impressed the markets.

It showed, with the exception of Ireland and Britain, that it was capable of growing turnover, profits and margins in a hostile global market.

Aryzta reported pre-tax profits just shy of €110 million for the six months to the end of January, an increase of 16.6% on the same period a year earlier.