Swiss-Irish baked goods group Aryzta has reported a 13.2% rise in revenues for the three months to the end of April.
Aryzta said its revenues rose to €973.2m as acquisitions provided 3.1% growth and currency movements provided growth of 12.4%
In its third quarter trading statement, Aryzta's chief executive Owen Killian said the company is working through issues in a number of markets.
Underlying revenues in North America - where it is in the middle of a restructuring programme - fell by almost 7%.
In France, the company said its sales were hit by what the company called security concerns among consumers following the Charlie Hebdo shootings and supermarket siege in January.
It also noted that its Swiss operations were impacted negatively due to the decoupling of the Swiss france and the euro.
"Notwithstanding the short-term weakness in performance, Aryzta is confident the business model is intact," commented the company's chief executive Owen Killian.