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Aryzta AG (ARYN.S)

ARYN.S on Virt-X Level 1

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Latest Key Developments (Source: Significant Developments)

Aryzta Agrees To Sell Its Legacy Cloverhill Facilities
Thursday, 1 Feb 2018 08:02am EST 

Feb 1 (Reuters) - ARYZTA AG ::ARYZTA ANNOUNCES IT HAS AGREED TO SELL ITS LEGACY CLOVERHILL FACILITIES (CHICAGO AND CICERO).TO SELL CLOVERHILL LEGACY CHICAGO FACILITY (INCLUDING THE AMBIENT BRANDS “BIG TEXAS” AND “CLOVERHILL”) TO HOSTESS BRANDS‍​.AGREED TO SELL THE LEGACY CICERO FACILITY TO BIMBO BAKERIES USA..  Full Article

Aryzta Appoints North American CEO And Chief Strategy Officer
Friday, 12 Jan 2018 01:00am EST 

Jan 12 (Reuters) - ARYZTA AG ::APPOINTS NORTH AMERICAN CEO AND CHIEF STRATEGY OFFICER.APPOINTMENT OF DAVE JOHNSON AS CEO NORTH AMERICA, COMMENCING 23 JANUARY 2018.APPOINTS JOHN HEFFERNAN AS CHIEF STRATEGY OFFICER, COMMENCING 28 FEBRUARY 2018.  Full Article

Aryzta Notes Agreement And Pricing Of Picard Offerings
Thursday, 7 Dec 2017 01:00am EST 

Dec 7 (Reuters) - ARYZTA AG ::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.EUR 110M OF PROCEEDS FROM SALE OF NOTES WILL BE AVAILABLE FOR DISTRIBUTION TO SHAREHOLDERS VIA DIVIDEND.  Full Article

Aryzta Says 2018 EBITDA Expected in Line With Level for 2017
Monday, 27 Nov 2017 01:12am EST 

Nov 27 (Reuters) - ARYZTA AG ::TOTAL REVENUE DECLINED BY (5.5)% IN THE FIRST QUARTER TO €909.7M‍​.Q1 GROUP ORGANIC REVENUE DECLINED BY (2.6)% IN THE PERIOD.MANAGEMENT’S CURRENT ESTIMATE IS THAT FY18 EBITDA IS EXPECTED TO BE BROADLY IN LINE WITH FY17 EBITDA‍​.  Full Article

Aryzta says Juergen Steinemann will not stand for election at AGM
Friday, 10 Nov 2017 01:00am EST 

Nov 10 (Reuters) - ARYZTA AG ::JUERGEN STEINEMANN HAS ADVISED THE BOARD OF DIRECTORS THAT HE DOES NOT INTEND TO STAND FOR ELECTION AT THIS TIME DURING AGM.  Full Article

Aryzta sees no need for capital expansion- conf call‍​
Monday, 25 Sep 2017 04:32am EDT 

Sept 25 (Reuters) - ARYZTA AG ::REGARDING CLOVERHILL: ABOUT A HALF OF VOLUME DECLINE IS RELATED TO CLOVERHILL SPECIFIC ISSUE - CONF CALL‍​.SEES NO NEED FOR CAPITAL EXPANSION- CONF CALL‍​.  Full Article

Aryzta to propose dividend of CHF 0.3489/shr, to be settled as a scrip dividend
Monday, 25 Sep 2017 01:27am EDT 

Sept 25 (Reuters) - ARYZTA AG ::TO PROPOSE DIVIDEND OF CHF 0.3489 (€0.3024) PER SHARE, TO BE SETTLED AS A SCRIP DIVIDEND VIA NEWLY ISSUED SHARE CAPITAL.DURING FY, THE GROUP ENCOUNTERED A SIGNIFICANT LABOUR-RELATED BUSINESS DISRUPTION AT ITS CLOVERHILL FACILITIES‍​‍​.REGARDING CLOVERHILL BUSINESS: THESE LOCATIONS INCURRED €16,349,000 OF LOSSES WITHIN COST OF SALES DURING JUNE AND JULY 2017.REGARDING CLOVERHILL BUSINESS: THESE LOSSES ALSO EXPECTED TO CONTINUE TO IMPACT THE BUSINESS DURING FY18.  Full Article

Aryzta appoints Frederic Pflanz as new CFO
Thursday, 7 Sep 2017 01:01am EDT 

Sept 7 (Reuters) - ARYZTA AG ::CFO APPOINTMENT.IS PLEASED TO ANNOUNCE THE APPOINTMENT OF FREDERIC PFLANZ AS CHIEF FINANCIAL OFFICER (“CFO”)‍​.NEW CFO WILL JOIN ARYZTA IN JANUARY 2018‍​.  Full Article

Aryzta: Kevin Toland starts as CEO on Sept. 12
Monday, 28 Aug 2017 01:00am EDT 

Aug 28 (Reuters) - ARYZTA AG ::BOARD RENEWAL; CEO APPOINTMENT.ANNOUNCES ADDITION OF JUERGEN B. STEINEMANN TO ITS BOARD AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR‍​.KEVIN TOLAND WILL BEGIN HIS ROLE AS CHIEF EXECUITVE OFFICER OF ARYZTA ON 12 SEPTEMBER 2017.  Full Article

Aryzta: Keith Cooper appointed as CEO of its Americas business on interim basis
Tuesday, 20 Jun 2017 01:00am EDT 

June 20 (Reuters) - ARYZTA AG ::ANNOUNCES THAT THE BOARD HAS APPOINTED KEITH COOPER, A SENIOR MANAGING DIRECTOR AT FTI CONSULTING AS CEO OF ITS AMERICAS BUSINESS ON AN INTERIM BASIS.RONAN MINAHAN HAS DECIDED TO TAKE THIS OPPORTUNITY TO PURSUE OTHER INTERESTS AND IS STEPPING DOWN AS COO AMERICAS WITH IMMEDIATE EFFECT.  Full Article

UPDATE 1-Baker Aryzta profit warning dents recovery hopes, shares plunge

May 24 Speciality baker Aryzta reduced its profit outlook on Thursday after recovery plans of its new-look management team were dented by renewed weakness in Europe, its biggest market.