Name	Position	Tenure	Compensation	Ownership
Michael Schai	Chief Executive Officer	no data	no data	no data
Martin Huber	Group Chief Financial Officer	3.4yrs	no data	0.020% CHF 335.4k
Sandip Gudka	Chief Operations Officer	1.8yrs	no data	no data
Rhona Shakespeare	General Counsel & Company Secretary	6.3yrs	no data	no data
Paul Meade	Head of Communications	no data	no data	no data
Marcus Opitz	Chief Restructuring Officer	4.2yrs	no data	no data
Christophe Toitot	Chief Procurement Officer	1.3yrs	no data	no data
Brady Millerberg	Head of Group Reporting & Financial Control	no data	no data	no data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: ARYN's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Heiner Kamps	Lead Independent Director	4.3yrs	€159.39k	no data
Urs Jordi	Executive Chairman	4.3yrs	€337.02k	0.043% CHF 707.7k
Alejandro Legarda Zaragueta	Independent Non-Executive Director	5.2yrs	€102.25k	0.013% CHF 220.2k
Cornelia Gehrig	Non-Executive Director	less than a year	no data	no data
Helene Weber-Dubi	Independent Non-Executive Director	4.1yrs	€210.00k	0.0066% CHF 108.6k

4.3yrs

Average Tenure

68yo

Average Age

Experienced Board: ARYN's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/20 03:54
End of Day Share Price	2025/01/17 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ARYZTA AG is covered by 22 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Pierre-Yves Gauthier	AlphaValue
Anna Zyniewicz	AlphaValue
Andreas von Arx	Baader Helvea Equity Research

ARYZTA Management

Management criteria checks 2/4

Key information

Recent management updates

ARYZTA AG Appoints Michael Schai as New CEO, Effective January 1, 2025

Insufficient new directors

ARYZTA AG, Annual General Meeting, Apr 24, 2024

ARYZTA AG Appoints Heiner Kamps as Lead Independent Director

High number of new and inexperienced directors

ARYZTA AG, Annual General Meeting, Nov 29, 2022

Recent updates

Why Investors Shouldn't Be Surprised By ARYZTA AG's (VTX:ARYN) P/E

Is It Time To Consider Buying ARYZTA AG (VTX:ARYN)?

ARYZTA AG (VTX:ARYN) Shares Could Be 33% Below Their Intrinsic Value Estimate

ARYZTA AG's (VTX:ARYN) P/E Still Appears To Be Reasonable

First half 2024 earnings released: EPS: €0.041 (vs €0.038 in 1H 2023)

ARYZTA AG to Report Fiscal Year 2024 Results on Mar 03, 2025

With EPS Growth And More, ARYZTA (VTX:ARYN) Makes An Interesting Case

ARYZTA AG Appoints Michael Schai as New CEO, Effective January 1, 2025

Should You Investigate ARYZTA AG (VTX:ARYN) At CHF1.80?

We Ran A Stock Scan For Earnings Growth And ARYZTA (VTX:ARYN) Passed With Ease

ARYZTA AG's (VTX:ARYN) P/E Still Appears To Be Reasonable

News Flash: One ARYZTA AG (VTX:ARYN) Analyst Has Been Trimming Their Revenue Forecasts

Consensus revenue estimates fall by 14%

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Now The Time To Look At Buying ARYZTA AG (VTX:ARYN)?

Insufficient new directors

New minor risk - Share price stability

Consensus EPS estimates increase by 10%, revenue downgraded

ARYZTA AG, Annual General Meeting, Apr 24, 2024

Does ARYZTA (VTX:ARYN) Have A Healthy Balance Sheet?

New major risk - Revenue and earnings growth

ARYZTA AG Appoints Heiner Kamps as Lead Independent Director

Full year 2023 earnings released: EPS: €0.065 (vs €0.044 loss in FY 2022)

Brokers Are Upgrading Their Views On ARYZTA AG (VTX:ARYN) With These New Forecasts

Consensus revenue estimates increase by 15%

At CHF1.56, Is It Time To Put ARYZTA AG (VTX:ARYN) On Your Watch List?

A Look At The Fair Value Of ARYZTA AG (VTX:ARYN)

Cautious Investors Not Rewarding ARYZTA AG's (VTX:ARYN) Performance Completely

Consensus EPS estimates fall by 12%

Is ARYZTA (VTX:ARYN) Using Too Much Debt?

We Think ARYZTA's (VTX:ARYN) Profit Is Only A Baseline For What They Can Achieve

First half 2023 earnings released: EPS: €0.027 (vs €0.064 loss in 1H 2022)

Should You Think About Buying ARYZTA AG (VTX:ARYN) Now?

High number of new and inexperienced directors

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

ARYZTA AG to Report First Half, 2023 Results on Mar 07, 2023

ARYZTA AG to Report Q3, 2023 Results on May 29, 2023

Forecast breakeven date pushed back to 2023

ARYZTA AG, Annual General Meeting, Nov 29, 2022

High number of new and inexperienced directors

First half 2022 earnings: EPS exceeds analyst expectations

Full year 2021 earnings released: €0.097 loss per share (vs €0.49 loss in FY 2020)

Grupo Bimbo, S.A.B. de C.V. (BMV:BIMBO A) signed a binding documentation to acquire Brazil businesses of ARYZTA AG (SWX:ARYN).

Consensus revenue estimates fall to €1.52b

Lindsay Goldberg LLC acquired North American business in the USA and Canada of ARYZTA AG.

Consensus forecasts updated

First half 2021 earnings released: €0.072 loss per share (vs €0.36 loss in 1H 2020)

Lindsay Goldberg LLC entered into a definitive agreement to acquire ARYZTA North America from ARYZTA AG (SWX:ARYN) for enterprise value of $850 million.

Lion Capital LLP and Invest Group Zouari agreed to acquire additional 4.64% stake in Picard Groupe SAS from ARYZTA AG (SWX:ARYN) for €24 million.

An unknown buyer acquired 5.35% stake in ARYZTA AG (SWX:ARYN) from Veraison Sicav - Engagement Fund, a fund managed by Veraison Capital AG.

Brynwood Partners Management LLC acquired North American take and bake pizza division of ARYZTA from ARYZTA AG (SWX:ARYN).

ARYZTA AG Does Not Provide Earnings Guidance Due to COVID-19

ARYZTA AG Appoints New Chief Restructuring Officer and Chief Transformation Officer

Elliott Reportedly Makes New Offer for Swiss Aryzta

Aryzta Ag Announces Armin Bieri Step Down from the Board of Directors

ARYZTA AG Announces Management Changes

New 90-day low: CHF0.51

ARYZTA to Pursue Asset Sales as Takeover talks Fail

VERAISON Requests Clarity Over Potential Takeover Offer for ARYZTA by Elliott Advisors

Analysts update estimates

Analysts lower EPS estimates to -€0.099

Annual earnings released: Revenue beats expectations

Full year earnings released - CHF1.15 loss per share

ARYZTA AG to Report Fiscal Year 2021 Results on Oct 05, 2021

Carlyle Cardinal Ireland Fund, L.P. fund of The Carlyle Group LP (NasdaqGS:CG) and Cardinal Capital Group Ltd along with management of Carroll Cuisine Ltd. agreed to acquire Carroll Cuisine Ltd. from ARYZTA AG (SWX:ARYN) for €37.3 million in a management buy out.

ARYZTA AG Announces That Andreas G. Schmid to Withdraw His Candidacy as Member and Chair of the Board of Directors

New 90-day high - CHF0.70

New 90-day high - CHF0.60

Is ARYZTA (VTX:ARYN) Headed For Trouble?