Aryzta AG
SIX:ARYN

Watchlist Manager
Aryzta AG Logo
Aryzta AG
SIX:ARYN
Watchlist
Price: 50.7 CHF 0.7%
Market Cap: 1.3B CHF

Aryzta AG
Investor Relations

In the bustling scenes of global food production, Aryzta AG stands as a significant player, shaping the world of prepared foods and baked goods with a mastery honed over years. Emerging from its Swiss and Irish roots, Aryzta has woven a rich tapestry that connects the intricate elements of artisanal bakery with the demands of modern convenience. This formidable entity specializes in manufacturing a wide array of fresh and frozen baked products—from the rustic allure of sourdough loaves to the comforting indulgence of sweet pastries—catering primarily to large-scale customers including retailers, foodservice operators, and wholesale distributors. Their operational model thrives on understanding the complex needs of these customers, delivering consistent quality and innovation through an expansive network that stretches across several continents.

Aryzta's ability to generate revenue is deeply intertwined with its strategic positioning and adaptability in the competitive food markets. By streamlining its supply chain and leveraging economies of scale, Aryzta not only ensures consistent product availability but also captures value through cost efficiencies and extensive market reach. The company’s keen focus on customer-centric innovation drives new product development that aligns with evolving consumer preferences, such as demands for clean-label, health-conscious options. Aryzta continuously refines its offerings through proprietary recipes and customization opportunities, reinforcing its reputation as a trusted partner in the food industry. This dual focus on product excellence and operational efficiency underpins Aryzta's financial success, enabling it to sustain growth and navigate the ever-changing landscape of global food production.

Show more
Loading
ARYN
Swiss Market Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Mar 6, 2023
AI Summary
Q2 2023

Strong Revenue Growth: ARYZTA reported H1 2023 revenue of EUR 1,037.1 million, reflecting 25.4% organic growth, supported by both volume and pricing.

Margin Stability: EBITDA rose to EUR 129.1 million with a margin of 12.5%, maintained despite significant input cost inflation.

Cash Flow & Leverage: Operating free cash flow increased to EUR 76 million, and total net debt leverage was reduced to 4.3x, progressing toward the 3x mid-term target.

Mid-term Targets Reiterated: Management confirmed 2025 targets for growth, margin, ROIC, and leverage, with further improvements expected in the current year.

Innovation Drives Growth: Around 18% of sales come from products launched in the past 36 months, with innovation and premiumization supporting performance.

APAC Outperformance: APAC Foodservice and QSR businesses showed strong double-digit volume and profit growth; management sees this high profitability as sustainable.

Reporting Changes: The company simplified reporting to show only unadjusted figures and aligned its fiscal year with the calendar year.

Key Financials
Revenue
EUR 1,037.1 million
Organic Growth
25.4%
EBITDA
EUR 129.1 million
EBITDA Margin
12.5%
Operating Free Cash Flow
EUR 76 million
Cash Flow from Activity
EUR 44.8 million
Return on Invested Capital (ROIC)
9.1%
Total Net Debt Leverage
4.3x EBITDA
SG&A (Indirect Cost)
EUR 107.9 million
Depreciation and ERP Amortization
EUR 55.7 million
CapEx
2.7% of revenue
Cash and Undrawn RCF Facilities
EUR 185.9 million (cash), EUR 205 million (undrawn facilities)
Debtor Securitization Utilized
EUR 116 million
Hybrid Bond Repayment
EUR 200 million
Financing Costs
EUR 65–70 million (guided range)
Share of Innovation in Sales
Slightly below 18%
Premium Products Share
Approx. 40% of revenues
Other Earnings Calls
2023
2021

Management

Mr. Urs Jordi
Executive Chairman & Interim CEO
No Bio Available
Mr. Martin Huber
Group Chief Financial Officer
No Bio Available
Mr. Sandip Gudka
Chief Operations Officer
No Bio Available
Mr. Paul Meade
Head of Communications
No Bio Available
Dr. Marcus Opitz Ph.D.
Chief Restructuring Officer
No Bio Available
Mr. Christophe Toitot
Chief Procurement Officer
No Bio Available
Brady Millerberg
Head of Group Reporting & Financial Control
No Bio Available

Contacts

Address
ZUERICH
Schlieren
Ifangstrasse 9
Contacts
+41445834200.0
www.aryzta.com