With EUR 2.1 b in revenue and EUR 112 m worth of profit, up from EUR 0.9 m, for the third quarter of its 2022/2023 financial year, ARYZTA announces considerably improved performance. Its revenue increased by 20.9% in this interval, to reach EUR 2,123.2 m.
financial results
DSM and Firmenich shared the first joint financial results since their merger, which was completed on May 8. Taste, Texture & Health is among the categories that performed well. The company estimates an FY 2023 on a pro forma basis Adjusted EBITDA of between EUR 1,800-1,900 million (versus EUR 2,275 million in FY 2022).
Mondelēz reveals its net revenues increased by +17.0% in the second quarter of 2023, driven by organic net revenue growth of +15.8%, with strong volume/mix performance in three out of four regions.
Koenig closed FY 2022 with sales amounting to EUR 114 million, a new record in the company’s history. Wolfgang Staufer,…
Family-owned Via Oliveto Bakery set out to quadruple production and boost its capabilities to manufacture its staple products and new…
Aryzta AG recorded organic growth across the Group, with France, Switzerland, Poland and Germany performing well in Europe. Foodservice and QSR have been the best-performing sales channels, with notable growth in the company’s European retail channel.
Flowers Foods, Inc. reported its Q1 sales increased by 6.9% to a quarter-record of USD 1.534 billion, compared to the first quarter of 2022. The company’s net income decreased by 17.4% to USD 70.7 million and its adjusted net income decreased by 13.1% to USD 80.9 million.
Vicky Foods reported a turnover of EUR 536 million in 2022, a 32.3% growth compared with the results achieved in 2021. Last year, the Spanish group boosted its production volume by 6% – to a total of 203,000 tons.
Domino’s Pizza announced results for the first quarter of 2023. Its global retail sales grew 5.9%, excluding the negative impact of foreign currency. Without adjusting for the impact of foreign currency, global retail sales grew 2.2% in the first quarter of 2023.
Orkla reported a ‘solid’ improvement in both profit and revenues in the first quarter. Profit before tax amounted to NOK 1.7 billion (EUR 146,619,117), a year-over-year increase of 12%.
