Aryzta

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Aryzta mum on 'UK sale' talk

23 Apr 2019

Aryzta, the European bakery giant, has refused to be drawn on a report in the UK claiming the company is mulling the possible sale of a business unit in the country.

Aryzta invests in cookie dough production in North America

31 Jan 2019

European bakery group Aryzta is investing an undisclosed amount in an additional production line in North America. 

Aryzta will need "multi-year turnaround", chairman warns

14 Jan 2019

Gary McGann, chairman of Irish-Swiss bakery group Aryzta, has spoken about the extent of the company's problems when he took the role on.

Aryzta shareholders marginally vote in favour of cash plan

1 Nov 2018

Aryzta shareholders have marginally voted in favour of the struggling bakery group's capital-raising exercise at an annual general meeting held today (1 November).

Aryzta cash-raising plans backed by key advisory groups

22 Oct 2018

Aryzta has received the backing of three corporate guidance advisory groups for a plan to raise EUR800m to revitalise the loss-making business and cut debt.

Aryzta says Cobas financing proposal is "inadequate"

17 Oct 2018

Aryzta says an alternative capital-raising proposal presented this week from its largest shareholder is "inadequate". 

Aryzta's biggest shareholder pushes for EGM vote on financing proposal

15 Oct 2018

The largest investor in Aryzta is urging management to hold an extraordinary general meeting to vote on an alternative financing plan to restore the bakery giant to health.

Has Aryzta found right mix to grease recovery wheels?

4 Oct 2018

Despite another year of losses, Aryzta says it can return to growth after selling assets - with potentially more to come. But success hinges on a vote on a capital-raising plan.

Largest Aryzta investor 'opposes capital increase'

2 Oct 2018

The biggest shareholder in Aryzta is reportedly against the Irish-Swiss bakery group's plans to raise EUR800m (US$922.3m) in equity to bolster its capital structure and reduce debt.

'Activist investor seeks to block capital raising by financially-embattled Aryzta'

14 Sep 2018

Financially-embattled Swiss-Irish bakery business Aryzta is reportedly under scrutiny from activist investor Gregor Joos, who is seeking to block a capital raising exercise.

Baker Aryzta signs bank deals as part of EUR800m capital raising plan

11 Sep 2018

Under-pressure Swiss-Irish baking group Aryzta has signed a number of bank deals as part of its plans to raise EUR800m (US$930.1m) in capital.

Aryzta to build another plant in Brazil

17 Aug 2018

Aryzta, the Swiss-Irish bakery group, battling to grow sales and earnings after a problematic couple of years, is planning to build a factory in Brazil.

Aryzta plans to raise EUR800m to bolster capital structure after "comprehensive" review

13 Aug 2018

Aryzta, the financially troubled Swiss-Irish bakery business, plans to raise EUR800m (US$910.7m) in equity to bolster its capital structure and reduce debt. 

Bakery giant Aryzta's fresh profit warning raises concerns

29 May 2018

It has been clear for months there are some sizeable challenges facing Aryzta, the Swiss-Irish bakery giant - and there were signs this week the company's problems persist.

Aryzta launches cost-reduction plan amid profit warning

24 May 2018

Irish-Swiss bakery business Aryzta has cut its full-year profit guidance and launched a EUR200m (US$234.4m) restructuring programme after third-quarter earnings dropped amid ''weak'' market conditions.

More change at Aryzta as CEO Europe Dermot Murphy steps down

19 Apr 2018

Swiss-Irish bakery business Aryzta has announced the CEO of its European operations, Dermot Murphy, is stepping down and is to be replaced by former Unilever and FrieslandCampina man Gregory Skilkas.

Food M&A dips in March but climbs in Q1 - data

9 Apr 2018

just-food's index of M&A in the packaged food sector highlights the volume of deals being announced, as company strategists look to M&A to gain an edge on their competition.

Earnings summary - Tipiak annual profits down on flat sales; Parmalat FY earnings up 30%; Premium Brands books 'record' sales on flurry of M&A; Strauss Group buoyant on back of FY sales hike

16 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Aryzta hints Picard stake not only disposal remaining

12 Mar 2018

Aryzta has underlined moves to offload its stake in Picard are "underway" - and the Irish-Swiss bakery business has indicated the sale of its shares in the French frozen-food retailer is not the only disposal on the horizon as it looks to pay down debts and refocus its operations.

Aryzta selling stake in Signature Flatbreads as disposal programme continues

12 Mar 2018

Aryzta is to sell its 50% stake in its Signature Flatbreads venture as the Swiss-Irish bakery group's moves to offload non-core businesses and using the proceeds to pay down debts continues.

February sees spike in food M&A - data

2 Mar 2018

just-food's index of mergers and acquisitions in the international packaged food sector highlights the volume of deals being announced, as company strategists look to M&A to gain an edge on their competition.

Aryzta sells US bakery business Cloverhill in deals with Hostess, Bimbo

1 Feb 2018

Swiss-Irish food group Aryzta has sold its Cloverhill bakery business in the US to Twinkies maker Hostess Brands and Bimbo Bakeries, the US arm of Mexico's Grupo Bimbo.

Aryzta shaves 15% off its 2018 earnings expectations

25 Jan 2018

Swiss-Irish bakery business Aryzta has cut its earnings guidance for 2018 by 15%.

Aryzta executive set to take reins at Sysco-owned Pallas Foods - report

22 Jan 2018

Peter Jackson, a division head at Swiss-Irish food group Aryzta, is to take the top job at Pallas Foods, Ireland's largest foodservice wholesaler, according to The Irish Independent newspaper.

Aryzta aims to re-boot US operation with key appointments

12 Jan 2018

Swiss bakery business Aryzta is "re-focusing" its troubled US operation with the appointment of a new chief executive officer for its operation there.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Aryzta sells La Rousse Foods to retailer Musgrave

5 Dec 2017

Bakery group Aryzta has struck a deal to sell Dublin-based foodservice supplier La Rousse Foods to Irish retail giant Musgrave.

Aryzta tight-lipped on La Rousse sale talk

28 Sep 2017

Swiss bakery business Aryzta has refused to comment on stories in the Irish press suggesting it is lining up its Dublin-based business  La Rousse Foods for sale.

Aryzta names Maxingvest's Frederic Pflanz as new CFO

7 Sep 2017

Swiss bakery giant Aryzta announced the appointment of new CFO Frederic Pflanz after a profit warning and consequent strategic review earlier in the year saw the departure of a number of senior executives.

Aryzta continues to feel pressure in North America

30 May 2017

Aryzta, the Swiss bakery specialist, continued to see a weak performance in North America place pressure on its top line during its third quarter.

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