News Release
Zurich/Switzerland, 28 September 2009 - ARYZTA AG announces financial
results for the fiscal year ended 31 July 2009:
Key performance highlights
Group
-Underlying EPS rises by 16.0% to 234.7 cent
-Revenue growth of 2.5% to ¤3,212.3m
-Return on investment increases to 12.6%, up 60 basis points
-Proposed dividend payout of 35.2 cent per share
Food
-Revenue growth of 4.7% to ¤1,172.7m
-Operating profit (incl. joint venture) rises by 15.4% to ¤218.5m
-Underlying net profit rises by 18.0% to ¤149.3m
-Net Debt (¤505.5m) : EBITDA of 1.77x
-Return on investment increases to 11.0%, up 60 basis points
Origin
-Underlying fully diluted EPS rises by 6.2% to 36.16 cent
-Return on investment increases to 20.7%, up 70 basis points
Commenting on the results, ARYZTA AG Chief Executive Officer Owen
Killian said:
"The 2009 financial year began with unprecedented weakness in the
global economy. Through the year, the recession broadened and
deepened and this is reflected in our underlying revenues, which
swung from double-digit growth to a decline, within the twelve month
period.
"ARYZTA has remained focused on cash generation and improving
operating efficiency and this is reflected in our results. We are
fortunate to be in the food business, particularly speciality bakery,
where a combination of excellent products, trusted brands and an
adaptive business model has provided some resilience in what remains
a very challenging operating environment.
"These results are an endorsement of the shareholders' overwhelming
support to create ARYZTA last year. We will continue to prioritise
cash, while maintaining a well-invested platform to benefit from a
future recovery in economic growth."
ABOUT ARYZTA
ARYZTA AG ('ARYZTA') is a Swiss company based in Zurich with
operations in North America, Europe, South East Asia and Australia.
ARYZTA has a primary listing on the SIX Swiss Exchange and a
secondary listing on the ISE Irish Exchange (SIX: ARYN, ISE: YZA).
ARYZTA is the majority shareholder (71.4%) in Origin Enterprises plc,
which has a listing on the AIM in London and the IEX in Dublin (AIM:
OGN, IEX: OIZ).
ARYZTA AG Investor Calendar
Issue of the 2009 annual report on www.aryzta.com 05 October 2009
First quarter trading update 30 November 2009
Annual General Meeting 03 December 2009
Enquiries:
Hilliard Lombard
ARYZTA AG
Tel: +41 (0) 44 583 42 00
info@aryzta.com
Aloys Hirzel
Hirzel. Neef. Schmid. Konsulenten
Tel: +41 (0) 43 344 42 42
aloys.hirzel@konsulenten.ch
Alex Money
Temple Bar Advisory
Media and Investor Relations Advisors
Tel: +44 (0) 20 7002 1080
aryzta@templebaradvisory.com
Analyst conference call
An analyst call will take place today at 09.00 CET (08.00 BST).
Dial in numbers are: Switzerland: 0800 789 005, Ireland: 1800 932
973, the UK: 0800 694 2586 , USA and Canada: 1866 966 9446,
International: +44 (0) 1452 567 098. Please supply the following
code: 32118448 to access the call.
Printable pdf versions of slides will be available to download from
the ARYZTA website www.aryzta.com 15 minutes before the call.
A conference call webcast replay will be available from the ARYZTA
website www.aryzta.com.
The full news release (in English) including extracts from the Group
Financial Statements 2009 can be downloaded from the following link:
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http://hugin.info/142194/R/1343921/322093.pdf
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