Bremerhaven. (bm) Swiss Aryzta AG expects to achieve better than market growth, with an organic growth target of 4.5 to 5.5 percent, and reach total revenue of at least EUR 2 billion at constant pricing by the end of the period. The group also expects to achieve a minimum Ebitda margin of 14.5 percent. The group announces that it is targeting a total net debt including Hybrids of approximately 3 times and an ROIC of approximately 11 percent at the end of this period. Aryzta outlined its target expectation to maintain capex spending in the range of 3.5 to 4 percent of revenue. Other topics of the week:
- Capital Markets Day: Aryzta announces midterm targets [CH] Fri 06-10
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- Smucker Company: Announces Fiscal 2022 Fourth Quarter Results [US] Thu 06-09
- Pret A Manger: To Expand Into ROI and Northern Ireland [UK] Wed 06-08
- Starbucks Corporation: still looking for a new CEO [US] Wed 06-08
- Orkla ASA: announces sales growth in Q1-2022 [NO] Tue 06-07
- Orkla ASA: invests further in alternative proteins [NO] Tue 06-07
- Hormel Foods: Reports Record Second Quarter 2022 Sales [US] Mon 06-06
- Conagra Brands: names general counsel and corporate secretary [US] Mon 06-06
- Revo Foods: presents Generation 2.0 vegan salmon fillet [AT] Sat 06-04
- Bühler AG: opens Insect Technology Center in Uzwil [CH] Sat 06-04
