Aryzta may make purchases to meet target

Aryzta AG may make acquisitions to reach its target of doubling profit by 2013, chief executive Owen Killian said in an interview…

Aryzta AG may make acquisitions to reach its target of doubling profit by 2013, chief executive Owen Killian said in an interview with Handelszeitung.

Aryzta won’t make any purchases during its current fiscal year, which ends July 31st, and it’s “too early” to discuss a possible sale of its 71 per cent stake in Origin Enterprises, a maker of animal feed ingredients, Mr Killian said.

Bloomberg

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter