ARYZTA announced its revenue reached EUR 2.195 billion (+0.1%), with a solid start to 2025, with a 3% organic growth in Q1. This year, the company targets mid-single-digit organic growth. During 2024 and 2025, investments in new lines in Switzerland and Germany will enhance the company’s product range.
The overall organic growth in Europe was negative (0.7%). Nonetheless, ARYZTA successfully achieved positive organic growth in many of its key European markets. All channels performed as expected, in a challenging environment of volatile input costs and weaker consumer spending. Innovation supported revenue development strongly during this period, accounting for 17% of the European revenue.
The rest of the world saw an overall organic growth of 3.7% in Q1, compared to the previous year, which saw a strong growth of 11%. The ongoing recovery in the QSR business also contributed to the results. Both the QSR and Other Foodservice channels were supported by strong innovation, including the installation of an additional new lamination line in Malaysia, which started running in Q4 – 2024.
ARYZTA also continues to progress its ESG agenda, with a 5% reduction in Greenhouse Gas (GHG), a 5% reduction in water usage and an 8% reduction in food waste compared to the baseline year.
The use of renewable energy has increased by 56% and 7% of the wheat is sourced from farms applying regeneration agriculture practices. Further, employee safety has also improved with a 28% reduction in reported accidents, while safety education and training increased across the Group.
ARYZTA’s new investments are also tailored to its sustainability agenda: the oven that was installed as part of the new artisanal bread line in Germany is 30% more energy efficient than the existing ones. The new plant in Australia will remove an estimated 1.7 million food miles currently involved in transporting bakery products from Eastern Australia to Western Australia and 100% of the electricity will come from renewable sources.
ARYZTA AG Chairman Urs Jordi commented: “ARYZTA’s delivery of all its current mid-term targets one year ahead of schedule is now followed by a solid start to current year trading. This underpins confidence in our guidance for further improvement in all our financial metrics in 2025.
We continue to operate in the growing bake-off market with clear competitive advantages over fresh and packaged. Continued innovation investments coupled with strict cost discipline and operational efficiency are supporting improvement in our growth and market position as well as our business performance. The resulting solid cash generation strongly supports further balance sheet improvement.
The onboarding of our new CEO Michael Schai is progressing well with strong support from the ARYZTA Board and management teams. We look forward to unveiling our next mid-term plan for 2025-2028 and related targets at our Capital Markets Day in May.
We believe the reverse stock split will improve the attractiveness of our shares for our current and future shareholders. On behalf of the ARYZTA Board, I would like to thank all our employees for their dedication and support in the delivery of this strong performance.”
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