ZURICH, SWITZERLAND — Revenue within the Food North America group at Aryzta A.G. eased 0.9% in the first quarter ended Oct. 31, to €364.2 million ($492.4 million), the Zurich-based company noted in a Nov. 25 trading update. Underlying revenue growth contributed 1.7 percentage points to growth while acquisitions added 3.1 points. Currency had a negative impact of 5.7 points during the period, Aryzta said.
Overall, total Food Group revenues totaled €796.3 million ($1,076.5 million) in the quarter, up 6.5% from the same period a year ago.