Aryzta North American sales climb 9%

by Eric Schroeder
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ZURICH, SWITZERLAND — Revenue within the Food North America division at Aryzta A.G. rose 9% to €327.1 million ($437.2 million) in the first quarter ended Oct. 31. Aryzta said acquisitions contributed 8.1 percentage points of the growth. “The North American performance reflects the resilience of the L.S.R. (limited-serve restaurant) and large retail channels, which dominate Aryzta’s North American business,” the company said. Total Food Group sales rose 10% during the quarter to €692.6 million ($925.6 million), while Total Group sales climbed nearly 4% to €1,008.4 million ($1,374.7 million). Owen Killian, chief executive officer, said first-quarter results were “broadly a continuation of Q4 trends.”
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