Aryzta in turnaround mode
Aryzta will need “multi-year turnaround”, chairman warns
Aryzta chairman Gary McGann has warned the Irish-Swiss bakery giant will need a number of years to turn around the…
Aryzta shareholders marginally vote in favour of cash plan
Aryzta shareholders have marginally voted in favour of the struggling bakery group's capital-raising exercise at an annual general meeting held…
Has Aryzta found right mix to grease recovery wheels?
Despite another year of losses, Aryzta chief Kevin Toland is adamant he can return the business to growth after offloading…
Aryzta to build another plant in Brazil
Aryzta, the Swiss-Irish bakery group, battling to grow sales and earnings after a problematic couple of years, is planning to…
Aryzta plans to raise EUR800m to bolster capital structure after “comprehensive” review
Aryzta, the financially troubled Swiss-Irish bakery business, plans to raise EUR800m (US$910.7m) in equity to bolster its capital structure and reduce…
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Bakery giant Aryzta’s fresh profit warning raises concerns
It has been clear for months there are some sizeable challenges facing Aryzta, the Swiss-Irish bakery giant - and there…
Aryzta launches cost-reduction plan amid profit warning
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…
Aryzta hints Picard stake not only disposal remaining
Aryzta has underlined moves to offload its stake in Picard are "underway" - and the Irish-Swiss bakery business has indicated…
Aryzta selling stake in Signature Flatbreads as disposal programme continues
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…
Aryzta sells US bakery business Cloverhill in deals with Hostess, Bimbo
Swiss-Irish food group Aryzta has sold its Cloverhill bakery business in the US to Twinkies maker Hostess Brands and Bimbo…