May 24, 2018 / 5:08 AM / 5 months ago

BRIEF-Aryzta Q3 Group Revenue Declined By 16.8% TO EUR 811.4 Mln

May 24 (Reuters) - Aryzta AG:

* Q3 EBITDA MARGINS ARE BELOW MANAGEMENT EXPECTATIONS

* ESTIMATES FY18 EBITDA WILL BE C. 9-12% LOWER THAN PRIOR EBITDA GUIDANCE

* CUMULATIVE THREE-YEAR €200M COST REDUCTION PLAN ANNOUNCED

* Q3 GROUP REVENUE DECLINED BY (16.8)% TO €811.4M

* GROUP ORGANIC REVENUE DECLINED BY (1.2)% IN Q3 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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