Mar 06, 2023 / 07:30AM GMT
Paul Meade - ARYZTA AG - Head of Communications
Thank you, Laura, and good morning, and welcome, everyone, to today's call. I just want to draw your attention to the forward-looking statements on Page 2. This applies to our discussions today.
I'll now hand over to Urs Jordi, to start the presentation.
Urs Jordi - ARYZTA AG - Interim CEO & Chairman
Thank you, Paul. Good morning, all. Thank you for joining this call today. Let's start with the performance overview for H1 2023 on Page 3.
Revenue of EUR 1,037.1 million was achieved. This reflects an organic growth of 25.4%. The EBITDA increased to EUR 129.1 million, which results in an EBITDA margin of 12.5%.
Operating free cash flow increased to EUR 76 million and IFRS profit was achieved of EUR 51.7 million. As announced, we will pay back EUR 200 million hybrid by the 28th of March 2023.
On Page 4, then the business performance. The strategy we lined out is delivering to expectations. As you can see, the market momentum and innovation are supportive to volume. All markets
Half Year 2023 Aryzta AG Earnings Call Transcript
Mar 06, 2023
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