Aryzta shares plunge after profit warning

CEO Owen Killian described its recent performance as "unexpected and extremely disappointing"

24th January, 2017

Shares in the Irish-Swiss food group Aryzta, which owns the Cuisine de France brand, plummeted by as much as 26 per cent this morning following a profit warning from the company.

Aryzta said that underlying earnings per share fell by about 20 per cent in the five months through December and the company expects profit in the year ending July to show a similar impact.

Shares in Aryzta fell sharply in early Zurich trading, wiping about...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Susan O’Keeffe: Intelligent, joined-up, long-term planning for change would begin to honour Ashling Murphy

A whole new level: Why Microsoft is paying $68.7bn to acquire Activision-Blizzard

Analysis: Northern Ireland protocol issue becomes ever more pressing as elections approach

Eoin Ó Broin: Focus on built environment is key to cutting emissions