Business Today: the best news, analysis and comment from The Irish Times business desk
Aryzta
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
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