Wednesday September 23, 2020

No good news from Aryzta until restructure is complete

Barry J Whyte

Chief Feature Writer

18th March, 2018

Management at beleaguered frozen food company Aryzta have warned investors they will be giving no “wonderful” earnings forecasts until the company has completed its arduous restructuring programme.

Despite being pressed by analysts for earnings forecasts last week, both chief executive Kevin Toland and chief financial officer Frederic Pflanz declined to give any forecasts for the company’s earnings.

Toland, during the conference call last week, said that he was “making sure that...

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