Weak, but better than expected Q3 thanks to North America. The strategic review and the massive pressure from a shareholder group led by the activist Veraison gave hope that the continuing transformation could lead to a stable F&B company. However, we believe that there’s still a long way to go.
26 May 2020
Weak Q3 but better than feared
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Weak Q3 but better than feared
Aryzta AG (0MFY:LON) | 0 0 1.6% | Mkt Cap: 2,195m
- Published:
26 May 2020 -
Author:
Laura Parisot -
Pages:
2
Weak, but better than expected Q3 thanks to North America. The strategic review and the massive pressure from a shareholder group led by the activist Veraison gave hope that the continuing transformation could lead to a stable F&B company. However, we believe that there’s still a long way to go.