ARYZTA achieved a resilient 2 % organic growth performance in the third quarter across its businesses and markets, despite weak consumer spending, according to a statement. Recovery in QSR continued, although at a lower pace, while its retail and other foodservice segments performed solidly.

“This improvement was driven by a strong volume rebound of 3.2 %, reflecting a de minimis impact from portfolio optimization evident in prior quarters as well as continued focus on innovation,” the company notes.

The improved volume performance was partially offset by a negative price impact of (1.1)%. Pricing remained stable in Q3 compared to the previous quarter.

ARYZTA AG Chairman and Interim CEO, Urs Jordi, commented: “ARYZTA achieved a strong rebound in volumes in the quarter despite the continuing subdued consumer environment. The absence of portfolio optimization and new product innovation benefitted performance, while the mix also improved. We continue to target an overall full-year organic growth at the lower end of our guidance of low to mid-single digits. We remain on track to achieve our last outstanding mid-term EBITDA margin target through continuous business improvements and disciplined cost management. Our focus on cash generation is well supported by our hybrid repurchase plan later this month, which is expected to deliver interest savings of circa EUR 11.5 million during 2025.”

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