Bakery giant Aryzta got the market speculating over its next move when, just a week ago, it announced plans to sell shares in Ireland-based...
Switzerland-based bakery group Aryzta announced two acquisitions in North America yesterday (10 March) as it revealed sales in the region ca...
| 3 Jun 2013
Retail majors Ahold and Tesco are preparing to announce first-quarter results, while bakery group Aryzta and US spreads firm JM Smucker look set to detail continued progress in growing profits over the past year. Meanwhile, we can expect free-from to take centre stage in two European trade shows and UK exporters will be discussing opportunities in CEE countries.
| 21 Feb 2013
It's been a while coming but Switzerland-based bakery giant Aryzta has moved to boost its business with Europe's retailers - as consumers increasingly turn away from artisan bakers and to supermarkets for their bread and croissants.
| 10 May 2012
Dutch food and ingredients group CSM announced plans to sell off its bakery business earlier this week. The speed of the decision to offload the division may have taken industry watchers by surprise but CSM has been giving off signals that it sees its future as a bio-based ingredients company for some time. Katy Askew takes a speculative look at the interest that the sale could generate.
| 26 Sep 2011
Aryzta said today (26 September) that its move to buy UK wrap and naan bread maker Honeytop Speciality Foods will allow it to enter a growing category.
| 2 Jun 2015
Aryzta, the Swiss bakery group, conceded its third-quarter performance was hit by "short-term weakness" today (2 June) when it reported a drop in underlying sales on declines in North America and weak consumer sentiment in Switzerland.
| 29 May 2015
Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.
| 2 Apr 2015
The week before Easter saw Aryzta surprise the market with news of its plan to buy 49% of French frozen food retailer Picard. M&A speculation surrounded Mondelez International, which was reported to be considering the sale of its rights to the cream cheese brand Philadelphia. Mondelez had a bad end to the week after being charged with manipulating wheat prices.
| 2 Apr 2015
This week, bakery business Aryzta announced it was in talks to invest in French frozen food retailer Picard while the M&A rumour mill span with reports Mondelez International is considering selling its rights to the Philadelphia brand. Elsewhere, The Real Good Food Co. said it was exploring options for its under-performing sugar business Napier Brown.
| 31 Mar 2015
Swiss food business Aryzta is in talks to buy 49% of French frozen food retailer Picard from private-equity group Lion Capital.
| 25 Mar 2015
Swiss-based bakery company Aryzta plans to reduce its stake in agri-services company Origin Enterprises.
| 16 Mar 2015
Bakery group Aryzta booked a jump in first-half sales and earnings this morning (16 March) but shares fell as the contribution from acquisitions lifted a weaker-than-expected organic performance.
| 16 Jan 2015
Brazil-based food giant Marfrig announced the surprise resignation of CEO Sergio Rial this week after just a year in the position. Another chief executive is to go at UK retailer Morrisons, with its board believing its best chance to return to growth is without Dalton Philips.
| 12 Jan 2015
Aryzta has put its flatbreads operations into a joint venture with UK-based Signature International Foods.
| 2 Dec 2014
Aryzta first-quarter sales were up by 17.8% year-on-year thanks to the "strong" contribution from acquisitions and growth in Europe's retail sector.
| 29 Sep 2014
Swiss bakery group Aryzta has booked a jump in full-year earnings, boosted by acquisitions and a strong performance in the developed markets of Europe and North America.
| 3 Jun 2014
Aryzta has reiterated its guidance of double-digit underlying EPS growth as the Swiss food firm posted a 14.9% increase in revenues to EUR859.8m in its food business for the third quarter.
| 2 Jun 2014
Aryzta has ended production at its baking facility in Export, Pennsylvania, in a move that sees 130 jobs axed.
| 17 Mar 2014
The biggest story of the week came as it started - with the announcement of the proposed merger between banana giants Chiquita Brands International and Fyffes. Elsewhere, UK grocers Morrisons and The Co-operative Group grabbed the headlines - the former for its bid to revive sales and the latter for the resignation of its chief executive.
| 10 Mar 2014
Switzerland-based bakery group Aryzta has set its sights on expansion in North America with the acquisition of two bakeries in the region - Pineridge Bakery in Canada and Cloverhill Bakery in the US.
| 25 Nov 2013
Switzerland-based bakery group Aryzta booked an increase in sales in the first quarter of its financial year.
| 30 Sep 2013
Shares in Switzerland-based bakery group Aryzta jumped today (30 September) after the company booked annual underlying profits above analyst expectations.
| 4 Jun 2013
Swiss-based bakery group Aryzta has said it is in line to hit full-year expectations, having booked a "satisfactory" third-quarter performance.
| 11 Mar 2013
Switzerland-based bakery group Aryzta has booked an increase in first-half sales and earnings in the face of "challenging" trading conditions.
| 25 Feb 2013
The financial results continued to roll in last week with Danone adamant it will return to growth in Europe despite the macro-economic environment and the new CEO of Premier Foods plc outlining his focus for the company. The horsemeat saga also rumbled on with Nestle and Birds Eye being forced to pull ready meals in Europe. Elsewhere, Ebro Foods revealed plans for the brands it bought as part of the Riso Scotti deal.
| 25 Feb 2013
Last week ended as it started: with a household brand caught up in the horsemeat contamination scandal. On Monday, Nestle said it had pulled Buitoni products in Spain and Italy after positive tests and, on Friday, Birds Eye said it had recalled ready meals across Europe after similar results. Over in the US, leading executives from some of the largest packaged food companies were at CAGNY to discuss their prospects for the year ahead.
| 20 Feb 2013
Swiss bakery giant Aryzta is to buy German peer Klemme in a bid to expand its business with the country's retailers.
| 3 Dec 2012
Swiss bakery group Aryzta has reported a 0.9% increase in underlying quarterly sales from its food division amid "very challenging" economic conditions in Europe.
| 24 Sep 2012
Swiss bakery group Aryzta said that its performance for fiscal 2012 was "satisfactory" as it booked a decline in net profit, despite increasing revenues and higher underlying earnings.
- Focus: ConAgra own-label exit plan is about growth
- How the CGF plans to halve global food waste
- IRI – The opportunity of range optimisation
- Focus: Mexican dairies focus on adding value
- just-food's pick: Top trends at Fancy Food Show
- ConAgra confirms private-label exit
- Kraft Heinz unveils management structure
- Kellogg eyes trends with product launches
- Kraft faces lawsuit over 'natural' claims
- US performance weighs on General Mills