Tuesday July 14, 2020

Aryzta shares fall amid erratic revenue growth forecast

20th March, 2016
Owen Killian of Aryzta: said he regretted having to sell shares

Shares in Aryzta fell sharply after chief executive Owen Killian said he regretted having to sell shares in the Cuisine de France owner. He sold 427,250 shares in the company, worth €15.5 million, after the release of first-half results last Monday which prompted a drop in the shares due to a forecast for “erratic” revenue growth.

“I regret having to sell down shares at this time. This decision was triggered by the weakness in...

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