Aryzta revenue reaches €1.2bn but concerns over fall in European sales

Food company Aryzta saw €1.2bn in revenue for the first three months of the year, which CEO Owen Killian said was satisfactory.

Mr Killian said he was happy with the 3.6% rise in revenue from food sales but there had been an underlining fall in European sales.

“Revenue growth in food was a satisfactory 3.6% in the quarter,” said Mr Killian. “However, underlying revenue was impacted by some volume loss following price increases in Europe and the discontinuing of direct store distribution in the US.”