03
2023
Aryzta
CEO and Chairman
Urs
Jordi
CFO
Martin
Huber
Head IR
Paul
Meade
ZKB Analyst: Patrik Schwendimann
Group meeting, One-on-one
Aryzta is a leading player in speciality bakery and has grown significantly in previous years through acquisitions (Hiestand among others), which led to a strong build-up of debt. A successful turnaround is being pursued with a focus back on the strengths of the former Hiestand, decentralised management and debt reduction (sale of the North American business at the end of 7.2021).