Aryzta is best known here for the Cuisine de France brand. Newly appointed chairman of Aryzta, Urs Jordi, said the company will explore “all strategic options available, acting in the best interests of Aryzta and its stakeholders." The company is best known in Ireland for its Cuisine de France brand, and is also a global supplier of burger buns to McDonald's. All of the regions Aryzta operates in experienced a fall in revenue, with Europe – Aryzta’s biggest market – experiencing the largest decline. Aryzta reported a net loss of €1bn for the year, largely due to impairment charges and losses on a disposal, mostly coming from the North American region.

Source: Irish Independent October 06, 2020 05:48 UTC