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Aryzta enters new European market with bakery plant in Portugal
Yahoo Finance· 2026-01-22 13:09
Core Viewpoint - Aryzta is expanding into the Portuguese market with a €40 million ($46.8 million) investment to build a new bun plant near Lisbon, expected to be operational by 2028 [1] Group 1: Investment and Expansion - The new facility in Portugal will enhance supply chain optimization and customer service across the Iberian Peninsula, complementing Aryzta's existing bun bakery in Spain [2] - The plant will primarily supply quick-service restaurants (QSR), including existing partnerships with major fast-food chains [3] Group 2: Business Strategy and Leadership - Under interim CEO and chairman Urs Jordi, Aryzta is taking decisive actions to reposition the business for profitable growth and improved performance by 2026 [3] - The company has been engaged in asset disposals since 2020 to reduce debt, including the sale of its take-and-bake pizza business and exit from frozen food retail [4][5] Group 3: Financial Outlook - Aryzta anticipates mid-single-digit organic growth for the year, with an EBITDA expected to exceed €305 million [7] - The company is also ramping up new production lines in Germany, Malaysia, and Switzerland, contributing to its positive growth outlook [6][7]
Truist Cuts Flowers Foods (FLO) Price Target to $10, Maintains Hold Rating
Yahoo Finance· 2025-11-17 18:35
Core Insights - Flowers Foods, Inc. (NYSE:FLO) is recognized as one of the 15 Best 52-Week Low Dividend Stocks to Invest in [1] - Truist has reduced its price target for Flowers Foods from $15 to $10 while maintaining a Hold rating, citing mixed Q3 results and narrowed guidance [2] - The company announced a quarterly dividend of $0.2475 per share, marking its 93rd consecutive quarterly dividend and 23 years of dividend increases [3] Company Overview - Flowers Foods operates as one of the largest producers of packaged baked goods in the US, offering a variety of products including fresh breads, buns, rolls, snack cakes, and specialty items [4] - The company is focusing on transforming its portfolio, investing in digital systems, and expanding into high-growth and health-oriented categories [4] Strategic Initiatives - Acquisitions, such as the recent Simple Mills deal, are central to Flowers Foods' strategy to appeal to health-conscious and value-driven consumers [5] - The company's success is linked to brand strength, effective pricing, product mix, disciplined cost control, and adaptability to changing consumer preferences and competitive pressures [5]
"The Bimbo Dream" Brings 50 Girls From 23 Countries to the Heart of Barcelona to Fulfill Their Dream of Playing Soccer
Globenewswire· 2025-08-11 14:54
Group 1 - Grupo Bimbo launched the second edition of "The Bimbo Dream," providing 50 girls aged 10 to 13 from 23 countries a unique training experience at FC Barcelona's facilities [1][3] - The initiative included training workshops with Barça Academy, practice sessions with professional coaches, and cultural activities in Barcelona [2][4] - Aitana Bonmatí, a key player and global ambassador for Bimbo®, emphasized the importance of inspiring young girls and promoting nutrition for optimal performance [4][5] Group 2 - The first edition of "The Bimbo Dream" took place in 2024, featuring 55 girls from 22 countries, highlighting the company's commitment to fostering female talent and equity [6] - Grupo Bimbo operates in 39 countries with a vast distribution network, including 245 bakeries and over 54,000 routes, making it a leading player in the bakery and snacks industry [7]