IAWS CEO expects double digit earnings growth

DUBLIN (Reuters) - Irish food group IAWS IAW.I, which on Monday announced a doubling of its stake in Swiss baker Hiestand HIEN.S, said on Monday it expected to deliver double-digit earnings growth in the combined company.

"We expect to be delivering double-digit earnings growth and we expect that we ought to be able to double the earnings base of this business over a five-year period," IAWS Chief Executive Owen Killian told Reuters when asked about growth after the takeover.

(Reporting by Andras Gergely)