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Aryzta’s revenue growth has been accelerating, according to InvestingPro Tips, with real-time metrics from InvestingPro showing a revenue growth of 21.74% in the last twelve months of 2023. Revenue for the bakery behemoth also witnessed a substantial increase, surging to EUR2.12 billion, marking a 21% rise. An impressive pricing growth of 18.2% coupled with high demand for their prepared frozen products resulted in volume growth of 3.5%, contributing significantly to this revenue hike.
In addition, Aryzta’s EBITDA saw a considerable boost, reaching EUR271.3 million, up from EUR171.9 million last year, reflecting the company’s successful financial performance. The EBITDA growth for the last twelve months of 2023 was 36.96%, according to InvestingPro’s data. The company’s strong earnings have also allowed management to continue dividend payments, as pointed out by InvestingPro Tips.
The company is currently in the process of transitioning its reporting year from July-end to December-end. Aryzta remains confident in achieving its optimistic targets set for 2025, indicating a positive outlook for the Swiss bakery giant’s future performance. This confidence is backed by analysts at InvestingPro, who predict the company will be profitable this year.
Aryzta’s market capitalization, adjusted for the last twelve months of 2023, stands at $1678.09 million, with a P/E ratio of 29.42, according to InvestingPro’s real-time metrics. The company’s stock price movements have been quite volatile, with a 1-year price total return of 57.19%, and it’s trading at 95.49% of its 52-week high.
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