Edition:
United Kingdom

Aryzta AG (ARYN.S)

ARYN.S on Virt-X Level 1

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22 Jan 2018
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Fri, Jan 12 2018

Aryzta seeks to right North American ops, strategy with new hires

ZURICH, Jan 12 Swiss-Irish bakery company Aryzta on Friday named new North America and strategy chiefs as it tackles problems in the United States, where issues with undocumented workers and a failed retail strategy prompted a $1 billion loss.

BRIEF-Aryzta Appoints North American CEO And Chief Strategy Officer

* APPOINTMENT OF DAVE JOHNSON AS CEO NORTH AMERICA, COMMENCING 23 JANUARY 2018

BRIEF-Aryzta Notes Agreement And Pricing Of Picard Offerings

* NOTES THAT PICARD AGREED AND PRICED €1.19 BILLION OF FLOATING RATE SENIOR SECURED NOTES AND €310M SENIOR NOTES

BRIEF-Aryzta Says 2018 EBITDA Expected in Line With Level for 2017

* TOTAL REVENUE DECLINED BY (5.5)% IN THE FIRST QUARTER TO €909.7M‍​

BRIEF-Aryzta: acquisition of shares by Chairman and CEO

* GARY MCGANN (CHAIRMAN) AND KEVIN TOLAND (CEO) HAVE ACQUIRED 4,000 AND 3,642 ORDINARY SHARES OF ARYZTA, RESPECTIVELY, FOLLOWING FY 2017 RESULTS‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Aryzta returns to businesses after retail strategy backfires

Swiss food company Aryzta is shifting its focus back to just supplying businesses and ditching its foray into retailing after reporting a record billion dollar annual loss, it said on Monday.

Aryzta returns to businesses after retail strategy backfires

Sept 25 Swiss food company Aryzta is shifting its focus back to just supplying businesses and ditching its foray into retailing after reporting a record billion dollar annual loss, it said on Monday.

BRIEF-Aryzta to propose dividend of CHF 0.3489/shr, to be settled as a scrip dividend

* TO PROPOSE DIVIDEND OF CHF 0.3489 (€0.3024) PER SHARE, TO BE SETTLED AS A SCRIP DIVIDEND VIA NEWLY ISSUED SHARE CAPITAL

BRIEF-Aryzta FY 2017 revenue down at EUR 3.80bn

* FY REVENUE DECREASE OF (2.1)% TO €3.80BN; (2.1)% ORGANIC DECLINE‍​

BRIEF-Aryzta: refinancing in aggregate amount of €1.8bn

* HAS AGREED NEW FIVE-YEAR TERM AND REVOLVING SENIOR UNSECURED BANK FACILITIES IN THE AGGREGATE AMOUNT OF €1.8BN

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