Hamburg. (bm) Irish-Swiss Aryzta AG needs to update its FY-2018 Ebitda guidance. Management’s current best estimate is that FY-2018 Ebitda, on a like for like basis excluding FX and disposals, is likely to be approximately 15 percent below that of FY-2017 (20 percent on a reported basis). While revenue, excluding Cloverhill, is relatively stable, Ebitda weakened towards the end of Q2 in both Europe and US, with this trend not expected to reverse for the remainder of FY-2018. Other topics of the week:
- Aryzta AG: reduces FY-2018 Ebitda guidance [CH] Fri 01-26
- Post Holdings: Announces SVP Integrated Supply Chain [US] Fri 01-26
- Barry Callebaut: Announces First Quarter Key Sales Figures [CH] Thu 01-25
- Campbell: Plans to Improve Operational Efficiency [US] Thu 01-25
- ADM: Opens Innovation Center in Singapore [US] Thu 01-25
- Starbucks: announces series of new benefits for employees [US] Thu 01-25
- Study: The Hidden Drivers Behind Natural + Organic [US] Thu 01-25
- Fazer: Visitor Centre drew 180’000 visitors in 2017 [FI] Thu 01-25
- California Pizza Kitchen: names top executive as CEO [US] Wed 01-24
- Brinker International: adds expertise to its board [US] Wed 01-24
- Bakkavor: announces Pre-close trading statement [IS] Tue 01-23
- Success: 50% of Americans report living healthier in 2017 [US] Tue 01-23
- Ebro Foods: takes 70 percent stake in Bertagni 1882 [ES] Mon 01-22
- AB Foods: issues Q1-2018 trading update [UK] Mon 01-22
- Papa John’s: Celebrates First Restaurant in PL-Warsaw [US] Mon 01-22
- U.S.: Donsuemor sets focus on simple ingredients [US] Sat 01-20
- Halal Products: Growing Muslim Population Drives Demand [SG] Sat 01-20
- Panera Bread: Petitions FDA to Clearly Define «Egg» [US] Sat 01-20