Wednesday June 3, 2020

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...

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