)

ARYZTA (ARYN) investor relations material
ARYZTA Investor Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Financial performance and guidance
EBITDA guidance updated to at least €300 million for 2025, with cost improvement measures being accelerated to address slower-than-expected implementation and margin pressure.
Free cash flow for the year is expected to be around €100 million, supported by top-line improvement and cost actions.
Organic growth guidance reiterated at low to mid-single digits for 2025, with pricing and volume supporting this outlook.
New production lines in Switzerland and Germany are ramping up as planned, not loss-making, with a major bakery project in Perth on track for Q1 2026.
Q3 revenue data will be released as scheduled on October 20.
Management and governance update
CEO Michael Schai steps down immediately following a mutual decision with the Board, which acted decisively due to slower-than-expected cost measures and performance deviation.
Chairman Urs Jordi resumes interim CEO role to ensure continuity, stabilize performance, and accelerate improvements.
Board governance described as strong, with experienced committees and oversight; dual roles seen as necessary for current challenges.
Future leadership structure and potential cool-off period for board roles will be discussed after current challenges are addressed.
The Board expresses gratitude to Michael Schai for his service and emphasizes unity in the leadership transition.
Market environment and strategic focus
Competitive pressure and price sensitivity remain high in the private label bakery sector, with aggressive tendering and fluctuating consumer demand.
Industry consolidation is ongoing, with the company aiming to participate from a position of improved fitness and organic growth.
Dividend decisions remain on hold until hybrid bond repayment and equity ratio targets are met, maintaining a prudent capital return approach.
Emphasis placed on operational agility, cost discipline, and supporting customers through market volatility.
A conference call for investors and media is scheduled for October 8 at 08:30 CET.
Next ARYZTA earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage