Bakery

Activist Group Takes Control At Bakery Giant Aryzta

Shareholders of Aryzta have elected new leadership, shifting control to activist investors who have kept pressure on the Swiss frozen baked goods...

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...

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...

Aryzta's Chief Financial Officer To Step Down

The chief financial officer at bakery firm Aryzta, Frederic Pflanz, is to step down from his position in December, the company has announced. Pflanz is...

Aryzta Chair To Stand Down If No Deal Reached Prior to EGM

The chairman of bakery group Aryzta, Gary McGann, is to step down from his role at the company's forthcoming EGM in September, unless a deal is agreed over...

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...

Dr. Oetker Sees Sales Up Across All Regions In Full Year 2019

Bakery firm Dr. Oetker has posted a 12.3% increase in reported sales in its financial year 2019, to €3.39 billion, with its performance boosted by a n...

Swiss Baker Aryzta Sees First Half Core Profits Rise

Swiss-Irish specialty baking company Aryzta reported a rise in its first half core earnings, but said its North American business continued to underperform...