Aryzta repays remaining €347m of debt-equity bonds
Swiss-Irish group has repaid €880m of hybrid bonds that were a key concern when it was the target of a boardroom coup
Swiss-Irish group has repaid €880m of hybrid bonds that were a key concern when it was the target of a boardroom coup
Swiss-Irish group has repaid €880 million of hybrid bonds that were a key concern when it was the target of a boardroom coup four years ago
Lindt CEO and former Aryzta executive Michael Schai will replace interim boss Urs Jordi at Swiss-Irish baked goods group
Swiss-Irish baker Aryzta said it generated revenue of €514m in the quarter, which was in line with expectations
The former executives with Cuisine de France parent are suing for ‘specific performance’, signalling they are seeking compensation to which they claim they are entitled
Owner of Cuisine de France Ireland hired former DAA chief in 2017 to help stabilise the business
O-I Glass appointment will see three of the world’s largest packaging groups under the influence of Irishmen
Veteran executive has previously served on the board of Flutter and Aryzta
Cuisine de France owner sees revenue jump to €2.2bn
Organic revenue growth slips to an annual rate of 6.5 per cent
Gordon Hardie resigns from the Swiss-Irish baking group with immediate effect
Company behind Cuisine de France sees earnings jump to €271.3m
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Swiss baker believes Irish-created multinational made the mistake of getting bogged down in financial engineering, not customer taste and product innovation
Food business to look at bolt-on deals likely to emerge from industry consolidation in Europe, chairman and interim chief executive Urs Jordi says
Bakery group says price hikes in labour and transport offset some declines in flour and butter costs
Veraison Capital more interested in deep restructuring and refocusing of business that had long lost its way
Swiss-Irish baked goods firm continues on path to recovery
Company had flagged plan to clear hybrid euro bonds by 2025
Revenues at Swiss-Irish baking group swell by almost 20% amid ‘very strong' price growth
Proxy adviser questions why CEO Urs Jordi should also be chairman, though it says firm’s temporary rationale for it is ‘compelling’
Chairman welcomes ‘first profit for many years’ and says 2023 should be better again though significant inflationary challenges remain
Cuisine de France owner warns that inflation will negatively affect its prices this year
Aryzta owns the Cuisine de France label in Ireland and supplies McDonald’s and Subway
Aryzta hails ‘simplified’ company structure as it battles a collapse in investor confidence
Swiss-Irish food group says it will now focus on delivering sequential quarterly growth
Ryanair the major gainer in Dublin market as tech shares slide on Wall Street
Swiss-Irish food posts 8.6 per cent decline in headline revenue as Covid hits sales
Urs Jordi took over after departure of Irish directors from the Swiss-Irish food group
Revolving financial arrangement underwritten by Credit Suisse, Rabobank and UBS
Agenda: Bain Capital’s purchase of Valeo nets it 85 household brands across 106 markets
Deal worth $850m included La Brea, Otis Spunkmeyer and Fresh Start bakeries
Interview: John Jordan, chief executive of Ornua
Swiss-Irish food group is hit by Covid-19 lockdowns in Europe
Deal with US firm validates its decision to ‘remain independent’, bakery group says
Veraison has almost departed before the hard work it pushed for really begins
Group previously mounted a boardroom coup in the Swiss-Irish food company
Swiss-Irish food group sells 4.6% stake in Picard for €24m
EU-UK rift over fishing narrows as deadline for deal approaches
Boardroom coup at Swiss-Irish group completed this week
Boardroom shake-up completed at annual general meeting on Tuesday
Cantillon: Company declines to offer shareholders a dial-in line to follow agm
Company is being targeted for takeover by US hedge fund Elliott
Investors worry over potential trade restrictions as negotiations remain deadlocked
US hedge fund makes fresh €734m bid for troubled Swiss-Irish food group
But company says decline is in line with expectations
Lodbrook Capital says €735m Elliott offer ‘grossly undervalues’ group
Cobas says US hedge fund’s bid for group significantly undervalues
Iseq moves into positive territory on upbeat corporate news
Airlines hit as lockdown fears back on radar but Ryanair outperforms its peers
Board set for further shake-up as shareholders target four directors
Fresh stimulus for UK economy and strong quarterly earnings boost trading
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