Aryzta AG

Management Reports • Oct 8, 2024

	2024	2025
	EURm	EURm
Revenue mean	2,225.4	2,306.0
Revenue (Low‐High)	2,198.8 ‐ 2,248	2,246.6 ‐ 2,366
Organic Growth mean	1.4%	3.6%
Organic Growth (Low‐High)	0.3% ‐ 2.3%	2.2% ‐ 5.3%
EBITDA mean	319.5	336.7
EBITDA (Low‐High)	314.1 ‐ 324	323.4 ‐ 346
Margin mean	14.3%	14.6%
Margin (Low‐High)	14.3% ‐ 14.4%	14.4% ‐ 14.7%
Total Net debt mean	884.2	760.5
Total Net Debt (Low‐High)	855 ‐ 909	728 ‐ 807

Consensus published on October 8, 2024 is based on estimates submitted by the broker analysts from Baader Helvea, Kepler Cheuvreux, UBS, Vontobel and ZKB. Consensus for the calendar years 2024 and 2025 is based on five estimates. Consensus will be updated as new data is received.