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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Aryzta AG    ARYN   CH0043238366

ARYZTA AG

(ARYN)
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Delayed Quote. Delayed Swiss Exchange - 03/27 12:30:48 pm
0.3636 CHF   +0.28%
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ARYZTA : Canada introduces Mette Munk, authentic Danish pastries, just in time for holiday season

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12/05/2019 | 03:33pm EDT

MISSISSAUGA, ON, Dec. 5, 2019 /CNW Telbec/ - ARYZTA Canada, a leader in frozen baked goods, introduces the Mette Munk line of authentic and great-tasting Danish pastries to Canada. Now available to grocery retailers and foodservice customers, the line includes maple pecan braid and apple, raspberry and blueberry crown pastries.   

"Mette Munk pastries are delicious and easy to prepare," says Deb Cochrane, president of ARYZTA Canada. "We are very excited to offer our Canadian customers these premium baked goods and are confident it will help them to expand their bakery offerings. Consumers will absolutely love them."

Crispy and flaky, the pastries are made with ingredients carefully sourced from around the world to ensure highest quality. The result is a pastry that reflects the very best in Denmark's renowned culinary tradition and foodservice excellence.

"Our story is one of tradition, craftsmanship and recreating an authentic taste experience for our customers each and every time they take a bite," says Claus Olsen, managing director at ARYZTA Nordic, the bakery that makes the pastries. "We pride ourselves on combining timeless tradition with the best ingredients and years of experience to ensure lovers of authentic Danish pastry can indulge and enjoy, whether at home with friends or on the go."

Customers can get more information on the pastries, have a sales representative come in to do a presentation and receive samples by contacting their local distributor or an ARYZTA sales agent at 1-800-520-6796.

About Mette Munk
Mette Munk, an ARYZTA brand, is built on proud traditions dating back to the 11th century Monk's Milling. Mette Munk combines the centuries-old Danish pastry tradition with one of the world's most advanced bakeries. Only the best ingredients from all over the world are used to ensure a superb taste experience. The Mette Munk bakery has three modern high speed production lines (two pastry and one tart) and holds certifications BRC grade A+, FDA, "DK elite smiley," RSPO Audit approved and Halal Food Council of Europe Approved.

About ARYZTA
ARYZTA is a global company with a leadership position in specialty frozen bakery. Formed from leading bakery companies around the world, its innovative food portfolio includes breads, artisan breads, cookies, donuts, pastries, cakes, muffins, buns, pizza, flatbreads from beloved brands like La Brea Bakery®, Otis Spunkmeyer®, Oakrun Farm Bakery®, Pennant® , Mette Munk® and more.  With its headquarters in Mississauga, Ontario, ARYZTA Canada operates bakeries in Burnaby (B.C.), Winnipeg (Man.) and Ancaster and Brantford (Ont.).  To learn more, visit aryztaamericas.com or follow the company on Facebook, Twitter, Instagram and YouTube.

 

Resource:

http://bit.ly/mettemunk


Aryzta Canada launches Mette Munk premium authentic Danish Pastries,


1 min. 22 seconds

 

SOURCE ARYZTA Canada

© Canada Newswire, source Canada Newswire English

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Financials (EUR)
Sales 2020 3 116 M
EBIT 2020 106 M
Net income 2020 -704 M
Debt 2020 1 037 M
Yield 2020 -
P/E ratio 2020 -0,35x
P/E ratio 2021 -7,44x
EV / Sales2020 0,44x
EV / Sales2021 0,40x
Capitalization 340 M
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 6
Average target price 0,67  €
Last Close Price 0,34  €
Spread / Highest target 241%
Spread / Average Target 96,1%
Spread / Lowest Target -23,0%
EPS Revisions
Managers
NameTitle
Kevin E. Toland Chief Executive Officer & Director
Gary W. McGann Chairman
Frédéric Pflanz Chief Financial Officer
Andrew Morgan Independent Non-Executive Director
Annette Flynn Independent Non-Executive Director
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