Swiss bakery business Aryzta AG (ARZTF.PK,ARZTY.PK) reported that profit attributable to equity shareholders for the six-month period ended 31 January 2013 declined to 62.05 million euros from 71.86 million euros in the year ago period, with earnings per share decreasing to 60.9 euros cents from 75.6 euros cents last year.
Profit before income tax for the period declined to 67.87 million euros from 79.54 million euros last year.
Underlying net profit for the period rose to 129.43 million euros from 122.60 million euros in the prior year period, with earnings per share improving to 146.4 euros cents 145.6 euros cent last year.
Group revenue for the period rose to 2.07 billion euros from 1.91 billion euros in the prior year period.
The company expects to return to double-digit underlying earnings per share growth in fiscal 2014.
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by RTT Staff Writer
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