Bakery: latest news, insights and analysis | ESM Magazine

Aryzta Sees Marginal Increase In Europe Revenues In Third Quarter

Bakery giant Aryzta has reported a 0.6% increase in organic revenue in its Europe division in the third quarter of its financial year, as the business' pos...

Bakery Firm Aryzta Offloads North American Business

Bakery firm Aryzta has announced the completion of the disposal of its North American business in the US and Canada to an affiliate of Lindsay Goldberg LLC...

High-Street Baker Greggs Reports First Ever Annual Loss Following COVID Sales Slump

British baker and fast food retailer Greggs has reported its first annual loss, after the COVID-19 pandemic hammered shopper numbers. Greggs, best known...

Aryzta Sees Group Revenue Down By A Fifth In First Half

Bakery firm Aryzta has reported a 21.0% decline in group revenue from continuing operations in the first half of its financial year, with the business noti...

Aryzta To 'Carefully Consider' Eliott Offer, Offloads Pizza Business

Swiss bakery firm Aryzta has said that it plans to 'carefully consider' a conditional offer from investment firm Elliott to take over the business. Elli...

Aryzta's Reports 20.3% Decline In Revenue In Q1

Bakery giant Aryzta has reported a 20.3% decline in revenue to €672.6 million in the first quarter of its financial year. Organic revenue for the p...

Elliott Advisors Proposes To Acquire Aryzta, Swiss Firm Looks For Other Options

Private equity firm Elliott Capital Advisors said on Monday it made a non-binding proposal to Aryzta's board of directors on 18 November to acquire al...