Added to YB: 2026-08-13
Pitch date: 2026-08-11
ARYN.SW [neutral]
ARYZTA AG
+0.9%
current return
Author Info
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Company Info
ARYZTA AG provides products and services for in-store bakery solutions in Europe and internationally.
Market Cap
CHF 1.2B
Pitch Price
CHF 44.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.74
P/E
11.25
EV/Sales
0.90
Sector
Food Products
Category
turnaround
Aryzta (ARYN Switzerland): Germany remains the main problem
ARYN.SW (update): H1 organic sales -2.7% but margins broadly stable via ~90bp procurement + Excellence savings offsetting weak leverage/inflation. Germany rev -10% remains key drag (insourcing); disposal unlikely, restructuring plausible; decision in H2. €20-30m net savings target for 2028 intact; deleveraging + capital returns proposed at 2027 AGM. Perth start-up & stronger H2 savings are catalysts.
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