Switzerland

Aryzta Board Would Support Nominations From Shareholder Group

The board of bakery giant Aryzta has said that it 'would support' candidate nominations from shareholders Veraison and Cobas at its forthcoming EGM, 'provi...

Bell Food Group Posts Organic Revenue Growth Of 2.9% In H1

Switzerland’s Bell Food Group has reported 2.9% growth in organic revenue in the first half of its financial year, as a strong performance in it...

Bakery Firm Aryzta Sees 'Further Improvement', Despite Threat Of Second Wave

Bakery firm Aryzta has said that July saw 'further improvement' in revenue trends, with the business seeing revenue down 18% in the month to 25 July, howev...

Coronavirus – Retail & FMCG Updates From Switzerland

As part of our efforts to keep you, the ESM reader, notified on the latest coronavirus-related developments in the retail and consumer goods sect...

Lindt Sales And Profit Fall As COVID-19 Hits Chocolate Appetite

Swiss chocolate maker Lindt & Sprüngli said it expected its organic sales to fall around 5% to 7% this year, before bouncing back next ye...

Migros Introduces DHL Service Points For Parcels

Swiss retailer Migros has introduced DHL service points in approximately 96 stores across the country after a successful pilot project in 2019. The serv...

Nespresso To Invest CHF160m In Swiss Production Facility

Nestlé has announced that Nespresso is to invest CHF160 million (€150.67 million) to expand its production centre in Romont, Switzerland....

Aryzta Expecting 'Bumpy Recovery' In Coming Months

Bakery giant Aryzta has said that it expects a 'bumpy recovery' in the coming months, as it seeks to keep costs under control and adjust its business to 'r...