ARYZTA first-half sales fall as German market weighs on results

ARYZTA reported a decline in first-half sales for its 2026 financial year, attributing much of the shortfall to conditions in Germany, one of its larger markets. The company said margins held despite the top-line pressure, and that its cost savings programme is running ahead of pace. Management pointed to the savings as the main lever supporting profitability while volumes remain soft. ARYZTA supplies frozen baked goods to retail and foodservice customers across Europe and has spent recent years cutting debt and simplifying its portfolio after an earlier restructuring.