Aryzta AG

ARYZTA AG provides products and services for in-store bakery solutions in Europe and internationally. Its offerings include pastries, cookies, buns, breads, rolls, artisan loaves, sweet baked goods, morning goods, and savoury products. The company also engages in asset management services and the distribution of food products. It serves grocery, convenience, and independent retailers, as well as quick service restaurants (QSR) and other foodservice customers under brands including Hiestand, Mette Munk, Pre Pain, Cuisine de France, Coup de Pates, La Carte, Oh My Sweetness, and Fornetti. ARYZTA AG was incorporated in 2023 and is headquartered in Schlieren, Switzerland.

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Aryzta reviews Germany operations after challenging first half

Aryzta is reviewing its operations in Germany after the Swiss bakery group reported a challenging first half. Organic revenues in Europe fell 3.4% to €942.7 million, with Germany blamed for pulling down the region's performance due to high price sensitivity, fragile consumer spending, and additional bakery capacity. The group's overall organic revenues dropped 2.7% to €1.06 billion, while EBITDA declined 7% to €139.9 million, partly due to one-time costs of around €5.4 million from its Project Excellence savings programme. Interim CEO Urs Jordi said a full exit from Germany is unlikely, but the review will assess the business model, manufacturing setup, and market coverage, with an update expected towards year-end. Aryzta also announced the acquisition of Société Européenne des Beurres, a frozen bakery products distributor in south-west France, to bolster its foodservice operations in Europe.

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