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BRIEF-Aryzta Q1 revenue down 3.3 pct at 962.3 million euros
November 28, 2016 / 6:16 AM / in a year

BRIEF-Aryzta Q1 revenue down 3.3 pct at 962.3 million euros

Nov 28 (Reuters) - Aryzta AG :

* Q1 total revenue declined by 3.3 pct in the first quarter to 962.3 million euros

* Underlying revenue declined by 1.2 pct in Q1

* Group refinancing plans are on track to obtain attractively priced long-term funding from public and bank sources

* CEO says: the revenue development in Q1 is in line with our expectations

* Outlook for both free cash generation and for underlying fully diluted EPS remains unchanged

* Aryzta now expects FY 2017 finance costs, including hybrid financing, to be in the range of 80-95 million euros Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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