Analysts generally impressed by group’s results

ANALYSTS were generally impressed with Aryzta’s first half performance that was slightly better than they expected.

The company operates in what could be termed the discretionary end of the consumer food market, where par-baked rolls, savoury finger food, cakes and artisan breads become a lower priority when incomes fall.

Its food operations cover Europe and North America with Japan, Australia and Malaysia key growth markets currently under development.