ARYZTA

The frozen baked goods manufacturer Aryzta has announced the closure of its sites in Nordhausen and Gerolzhofen and plans to consolidate production in Eisleben. The company’s website lists around 200 employees in Nordhausen and 300 in Gerolzhofen; exact figures for severance payments or relocation offers are not available. Measures to renew the product range and consolidate sites are scheduled to be implemented in 2026 and 2027. » More on t-online.de

ARYZTA has officially opened a new bakery in the Peel Business Park near Perth, establishing a presence in Western Australia for the first time. The company invested over €40 million, and the facility was completed on schedule and within budget. The factory will produce baked goods for Australian quick-service restaurants and is expected to create 110 to 130 jobs. » More on finanzen.net

Aryzta saw a roughly 11 percent share price drop due to unexpectedly weak consumer sentiment in Germany; Germany accounted for about 27 percent of sales in the first half and suffered a sales decline of around 10 percent. Vontobel analyst Arben Hasanaj sees the weak demand as a headwind despite otherwise good operational momentum. The company plans to resume payouts from 2027 and targets a long-term payout ratio of 30–40 percent; Hasanaj expects an initial dividend of 1.0 franc for the 2026 financial year. » More on finanzen.net