Lead All Investments : ARYZTA revenues up

ARYZTA's first quarter group revenues rose by 13.8% in the 13 weeks to tghe end of October. Food group revenues were up 17.8% while revenues from its subsidiary origin rose by 3.5%. Chief executive Owen Killian said there was a modest increase in underlying revenue in the food group supported by a strong increase in revenue from acquired businesses. He added: "We anticipate an increased momentum in underlying revenue through H2. Our focus is to deliver value for our customers, while unlocking the benefits of our newly created business platform. With our increasing market relevance, we have confidence in our unchanged medium-term guidance of 7% to 12% growth in underlying, fully diluted EPS.�€� Story provided by StockMarketWire.