BASEL: Pre-tax profits at food group Aryzta fell by 8.3% in its financial year to the end of July. The company, which includes Cuisine De France amongst its brands, reported profits of €365.5m.
Revenues for the year came to just under €3.9 billion, up 1.5%. Its underlying net profits fell by 13.4% to €311.5m. The company said revenue growth had been subdued during the year by contract renewals in North America.
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