Aryzta first-quarter sales were up by 17.8% year-on-year thanks to the “strong” contribution from acquisitions and growth in Europe’s retail sector.

The Swiss-based baker said revenue from its operations rose to EUR937.8m (US$753.9m). Including the impact of a reduced contribution of its Origin joint venture business, sales increased at the slightly slower pace of 13.8% in the period.

Gains were driven by a 30.5% jump in sales at its North American business, where acquisitions offset a 3.2% drop in organic growth. Aryzta said that underlying sales were down largely as a result of its SKU rationalisation process, which aims to free up capacity for larger customers.

In Europe, the company said underlying revenue increased 3.1% and acquisitions contributed 2.7% to the top line. “The trends in Europe remain positive, reflecting improving stability in Aryzta Food Solutions and strong growth within large retail,” the company said.

Click here to view the trading update

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now