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Aryzta said it continues to face persistent inflation which necessitates pricing action

Aryzta's third quarter revenues rise by 23%

Cuisine de France owner Aryzta has reported a 23% increase in third quarter revenues despite continued inflation pressures.

Business • 30 May 23

Aryzta has reported a profit of €51.7m for the six months to the end of January, compared to a loss of €39.2m in 2022

Aryzta returns to profit growth in H1

Cuisine de France owner Aryzta has reported higher revenues and a return to profit for the six months to the end of January.

Business • 06 Mar 23

Aryzta's chair and interim CEO Urs Jordi

Aryzta's first quarter revenues rise by almost 20%

Baked goods manufacturer Aryzta has reported higher revenues and growth for its first fiscal quarter and reiterated its full year guidance.

Business • 28 Nov 22

Aryzta records €45.6m profit after revenues rise by 15%

Baked goods manufacturer, Aryzta, has recorded a nine-fold increase in full-year net profit to €45.6m.

Business • 03 Oct 22

Aryzta said it was seeing a return to 'normal consumer socialisation activity'

Aryzta's Q3 revenues up 20% amid a 'return to normal'

Irish-Swiss food group Aryzta has reported an increase in revenues for its fiscal third quarter as it saw a return to "normal consumer socialisation activity".

Business • 30 May 22

Anthony Proctor, Managing Director of Aryzta North West Europe, Kieran Rumley, Executive Director of Love Irish Food, Tara McCarthy, CEO of Bord Bia and Leo Clancy, CEO of Enterprise Ireland

Aryzta to double its sourdough bread capacity

Irish-Swiss baked foods group Aryzta has said it will double its sourdough capacity at its Grange Castle bakery in Dublin, following the installation of a new specialty bread manufacturing plant which it said is close to completion.

Business • 14 Apr 22

Aryzta's underlying net profit for six month period rose to €9.6m compared to an underlying net loss of €30.8 the same time the previous year

Aryzta marks a return to half yearly profits

Irish-Swiss baked foods group Aryzta has reported a return to profit for the six months to the end of January as its revenue growth exceeded expectations.

Business • 07 Mar 22

Aryzta is undergoing a major restructuring plan, which has led to large parts of the business being sold

Aryzta reports rise in organic revenue

Swiss-Irish baked goods firm Aryzta has reported strong organic revenue growth in the three months to the end of October.

Business • 16 Nov 21

The final sale of the business had not been expected to complete until next summer

Aryzta concludes sale of business in Brazil

Swiss-Irish food group Aryzta has completed the sale of its business in Brazil to Grupo Bimbo SAB de CV after operating there for almost 35 years.

Business • 15 Oct 21

Aryzta reaches agreement to sell Brazilian business

Swiss-Irish baked goods manufacturer, Aryzta, is to sell its Brazilian business for an undisclosed fee.

Business • 19 Aug 21

Aryzta said it would not provide guidance given ongoing challenges and uncertainty surrounding Covid-19

Aryzta's third quarter revenues dip by 3.5%

Swiss Irish baked goods group Aryzta has reported a total revenue decline of 3.5% to €621.9m in the three months to May - its fiscal third quarter.

Business • 01 Jun 21

Aryzta's North American operations were put on the market last year as the company sought to cut debt levels and reduce the size of the overall operation

Aryzta completes sale of North American business early

Irish-Swiss baked goods group Aryzta has completed the sale of its North American operations in the US and Canada to an affiliate of Lindsay Goldberg ahead of schedule.

Business • 04 May 21

Aryzta chairman and interim CEO Urs Jordi

Aryzta's half yearly revenues down 22%

Baked goods group Aryzta has reported a 22% decline in revenue for the half year to almost €1.3 billion and an underlying net loss of €16.4m.

Business • 15 Mar 21

Aryzta last year announced a plan to shrink its business and reduce its focus to Europe

Aryzta sells North American business for $850m

Irish-Swiss food group Aryzta is to sell its North American operation to a company connected to private equity firm Lindsay Goldberg for $850m.

Business • 12 Mar 21

Aryzta said the delisting was due to the evolution of its shareholder base and low liquidity in trading of its shares on Euronext Dublin

Aryzta to cancel its Euronext Dublin listing

Swiss-Irish baked goods firm, Aryzta, is to cancel the company's secondary share listing on the Euronext Dublin exchange.

Business • 18 Jan 21

Veraison reduces Aryzta stake further

Investment firm Veraison Capital has sold a large portion of its stake in the Swiss-Irish baked goods company Aryzta.

Business • 05 Jan 21

The group expects the transaction to close early in the first quarter of 2021.

Aryzta agrees sale of remaining Picard stake

Irish-Swiss bakery firm Aryzta has said it has reached agreement with Lion Capital and Invest Group Zouari to sell its remaining 4.64% interest in French frozen foods group Picard for €24m.

Business • 04 Jan 21

Aryzta on Friday turned down an 800 million Swiss franc ($902 million) offer from Elliott

Elliott says its offer for Aryzta has lapsed

Elliott Capital Advisors' offer to buy Aryzta has lapsed after the Swiss-Irish baked goods maker rejected its approach, the US financial investor said today.

Business • 22 Dec 20

Aryzta rejects offer from Elliot

Swiss-Irish baked goods firm, Aryzta, has rejected a takeover proposal from investment firm Elliot Advisors.

Business • 18 Dec 20

Urs Jordi was elected as chairman of Aryzta at its remotely held AGM today

Aryzta AGM backs chairman in favour of going it alone

Shareholders of Irish-Swiss baked goods maker Aryzta have elected a chairman who has previously spoken out against a takeover.

Business • 15 Dec 20

The offer values Aryzta, which owns the Cuisine de France range here and supplies buns to McDonald's, at €734 million

Aryzta confirms new approach from Elliott

Baked goods group Aryzta has confirmed a new approach from Elliott Advisors with a conditional offer for the entire share capital of the company at 0.80 Swiss francs per share.

Business • 07 Dec 20

Aryzta's first quarter revenue declines by 20%

Irish-Swiss food group Aryzta said that its total revenue in its fiscal first quarter declined by 20.3% to €672.6m.

Business • 01 Dec 20

Aryzta said it had noted the amended takeover proposal from Elliott Advisors

Elliott Advisors amends takeover proposal for Aryzta

Irish-Swiss bakery firm Aryzta said today that Elliott Capitol Advisors had amended its potential takeover offer for an indicative price of 0.80 Swiss francs per share.

Business • 24 Nov 20

Aryzta has been under pressure from activist investors for months as it generated losses well before the Covid-19 outbreak

Elliott Advisors proposes to buy Aryzta for about €734m

Private equity firm Elliott Capital Advisors said today it had made a proposal to Aryzta's board of directors to acquire all outstanding shares of the Swiss frozen baked goods maker for an indicative price of 0.80 Swiss francs per share.

Business • 23 Nov 20

The reported move for Aryzta comes as its CEO Kevin Toland steps down

Elliott makes new takeover bid for Aryzta - reports

US investment firm Elliott Management has made a new takeover bid for ailing Irish-Swiss baking company Aryzta, people with knowledge of the matter have said.

Business • 20 Nov 20