Company behind Cuisine de France sees earnings jump to €271.3m
Urs Jordi
Business Today: the best news, analysis and comment from The Irish Times business desk
Swiss baker believes Irish-created multinational made the mistake of getting bogged down in financial engineering, not customer taste and product innovation
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
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
Joe Brennan: Another pressing issue is €950 million of outstanding subordinated debt
Revolving financial arrangement underwritten by Credit Suisse, Rabobank and UBS
Deal worth $850m included La Brea, Otis Spunkmeyer and Fresh Start bakeries
Swiss-Irish food group is hit by Covid-19 lockdowns in Europe
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