‘Steady improvement’ in revenue trends for Aryzta
Organic revenues were 23% lower to date in June; up from a 36% reduction in May and 49% reduction in April
Print30 June 2020
Swiss-Irish food group Aryzta has reported a “steady improvement” in revenue trends as lockdown restrictions have been eased.
In an Irish Times report, the company said organic revenues were 23% lower to date in June. This has improved from a 36% reduction in May and 49% reduction in April.
However, the group is anticipating a “bumpy recovery” in the months ahead as we gain a fuller picture of the impact of Covid-19.
At present, some 22% of staff are furloughed, down from 30% at the end of April.
For the full report, click here.
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