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Aryzta shares in tailspin as investor support wears thin

Shares in Cuisine de France owner Aryzta plunged by nearly 17% — wiping around €120m off the company’s value — after its AGM saw investors narrowly approve the food group’s funding plans and give only moderate backing to the company’s management.

Aryzta shares in tailspin as investor support wears thin

Fri, 02 Nov, 2018 - 07:30

By Geoff Percival

Shares in Cuisine de France owner Aryzta plunged by nearly 17% — wiping around €120m off the company’s value — after its AGM saw investors narrowly approve the food group’s funding plans and give only moderate backing to the company’s management.

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Courts Place: US Person: Geoff Percival Person: Gary McGann Person: Aryzta Person: Kevin Toland Person: McGann Organisation: Aryzta Organisation: Cuisine de France Organisation: Cobas Asset Management Organisation: ISS Organisation: Cobas Organisation: Dublin Airport Authority

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