Aryzta European revenue declines but earnings rise

first_imgAryzta has reported a 2% organic decline in revenue from its European operation as the business refocuses on frozen bakery.Describing its European business as “performing well”, the company announced that European EBITDA for the first half of its 2020 financial year rose 2.8% to €100.7m.“Europe has delivered EBITDA and margin growth consistent with its focus on profitable volume and increased operating efficiency,” said Aryzta CEO Kevin Toland.Total group revenue fell 2.5% to €1.65bn, with EBITDA up 12% to €169.8m.Aryzta has transformed its business in the past year, demerging Delice de France through a management buyout, selling Signature Flatbreads and agreeing the sale of a 43% stake in French frozen food business Picard.The company said this had helped it to reduce debt further.In contrast with the European operations, EBITDA at Arzyta’s North American business fell 22.8% to €46.5m, while revenue fell 5.3%.“Factors impacting North American profitability are being addressed and we expect an improved performance in H2,” added Toland.Revenue at Aryzta’s Rest of World division rose 8.6%, while EBITDA fell 3.5%“Aryzta continues to make strategic and financial progress with our portfolio refocus to a frozen B2B business now complete. Our net debt is at its lowest level since 2013, and we continue to expect to deliver underlying EBITDA growth for FY20.”last_img read more

Arsenal and Southampton reportedly monitoring Caulker situation

first_imgArsenal and Southampton are monitoring the situation as Cardiff defender Steven Caulker considers offers from QPR and Crystal Palace, according to the Daily Telegraph. West London Sport recently revealed Rangers had tabled a bid for the England international and subsequently that they were in talks with him after meeting an £8m release clause in his contract, and that they remain hopeful of signing him despite reports he had chosen a move to Palace.Rangers boss Harry Redknapp believes the prospect of playing alongside Loftus Road-bound former Manchester United star Rio Ferdinand will help persuade Caulker to choose a move to west London.However, it is claimed that Arsenal and Southampton are showing some interest in the 22-year-old, who has also been linked with Liverpool.QPR are keen to sign Caulker in an £8m deal.Meanwhile, QPR have again been linked with Norwich City’s Leroy Fer, whose agent has denied reports in the Dutch media that a deal was as good as done.The Telegraph say Norwich are expected to demand a significant fee for Fer, having signed him for £5m from FC Twente only a year ago.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Live postgame video: Reactions to Warriors win over Rockets

first_imgRelated Articles CLICK HERE if you are having a problem viewing the video on a mobile deviceWatch the postgame reactions from the players and coaches following Sunday afternoon’s intense Game 1 when the Warriors survived with a 104-100 victory as both sides spent time complaining about the officials.Kevin Durant was brilliant in scoring 35 points and Stephen Curry buried a late 3-pointer as Golden State left the Rockets fuming. Warriors resemble team of old, Kevon …last_img

Sharks provide update on Tomas Hertl’s injured right knee

first_imgSAN JOSE — Tomas Hertl has what coach Pete DeBoer termed a minor knee injury and does not figure to miss much time, if any, with he and the Sharks playing their best hockey of the season.DeBoer said pictures taken of Hertl’s right knee Friday morning confirmed, “that it looks like it’s minor and that’s good news.”Hertl said Friday he considers himself day-to-day and that the injury is nothing serious. He said he was going to see a team doctor Friday afternoon to get treatment.The injury …last_img read more

D-League: Akari-Adamson bounces back, fends off late rally from Go for Gold

first_imgRead Next PBA IMAGESAkari-Adamson survived a late flurry from Go for Gold to take the 98-92 victory Tuesday in the 2018 PBA D-League Aspirants’ Cup at Pasig Sports Center.Sean Manganti chipped in 14 markers, eight coming in the payoff period to halt the uprising from the Scratchers, while also collecting seven boards and two dimes in the bounce back win.ADVERTISEMENT NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Don’t miss out on the latest news and information. MOST READ Brace for potentially devastating typhoon approaching PH – NDRRMC AKARI-ADAMSON 98 — Espeleta 24, Manganti 14, Lojera 13, Lastimosa 12, Ahanmisi 11, Sarr 10, Catapusan 4, Buenaventura 3, Bernardo 2, Hill 2, Macion 2, Mojica 1, Camacho 0, Longalong 0.GO FOR GOLD 92 — Alejandro 19, Salem 15, Dixon 12, Gutang 12, Casiño 9, Domingo 6, Gaco 6, Leutcheu 6, Pasturan 3, Naboa 2, Pili 2, Young 0.Quarters: 32-18, 56-40, 74-60, 98-92. AFP official booed out of forum Falcons coach Franz Pumaren isn’t worried too much on how his side blew the large lead admitting that they are still “groping for form.”“We’re process of experimenting. We have six new guys in our team and we’re trying to make sure they all get minutes,” he said as Akari-Adamson rose to 2-1. “That’s why we’re here, so that we can explore what the players are capable of doing and preparing us for the bigger leagues.”Alejandro dropped 11 of his 19 points in the payoff period fightback as he shot 5-of-7 from three, while Salem flirted with a double-double with his 15 markers, nine rebounds, and four assists.Go for Gold, which fell to its second defeat, dropped to a 1-2 slate.The Scores:ADVERTISEMENT Typhoon Kammuri accelerates, gains strength en route to PH PH billiards team upbeat about gold medal chances in SEA Games PLAY LIST 03:07PH billiards team upbeat about gold medal chances in SEA Games00:50Trending Articles00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City LATEST STORIES Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Slow and steady hope for near-extinct Bangladesh tortoises It was Jonathan Espeleta, though, who set the tone for the Falcons, firing 19 of his 24 points in the first quarter. He also had five rebounds and two rebounds.Kurt Lojera chipped in 13 points, five rebounds, and four assists, while Jerom Lastimosa had 12.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutEspeleta couldn’t do anything wrong in the opening frame as his early explosion allowed Akari-Adamson to grab an 18-3 start which extended to 25, 69-44 in the third quarter.J-Jay Alejandro and Matt Salem, though, helped Go for Gold fight back and trim the deficit down to just six, 86-80, with less than four minutes to play before Jerrick Ahanmisi and Manganti sealed the game shut John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Gilas Pilipinas pressed for time again 2 ‘newbie’ drug pushers fall in Lucena sting View commentslast_img read more

Lok Sabha adjourned till tomorrow over coal scam

first_imgContinuing protests by the Bharatiya Janata Party (BJP) over coal block allocations on Tuesday forced repeated disruptions of both Houses of Parliament again, with the Lok Sabha being adjourned for the day.The Rajya Sabha was adjourned till 2 p.m.As soon as both houses met at 12 noon after the first adjournment, BJP members were on their feet chanting slogans demanding Prime Minister Manmohan Singh’s resignation over the government auditor’s report alleging large scale irregularities in allocating coal blocks.Congress MP P.C. Chacko, who was in the chair in the Lok Sabha, got passed the National Institute of Mental Health and Neurosciences, Bangalore, Bill 2012. With this, both houses of Parliament have cleared the bill, which was earlier passed by the Upper House.The AIADMK members were holding placards protesting the forthcoming visit of Sri Lankan President Mahinda Rajapaksa to India on September 21 for a Buddhist celebration. “Don’t allow Rajapaksa in Buddha celebrations at Madhya Pradesh on September 21,” the placards read.In the Rajya Sabha, protests by the BJP continued and the house was adjourned till 2 p.m.Parliament’s Monsoon session is set to end on September 7. This session has seen nine successive working days lost due to the BJP’s protests.last_img read more

TCIs Ifeanyi Otuyonye named Male Athlete of the Year Sports Minister touts

first_img Auntie Fannie adventure well received in Grand Turk Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:angelo garland, Deputy Premier Akierra Missick, Ifeanyi Otuyonye, Male Athlete of the Year, US Track and Field Cross Country Coaches Association Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 22 Jun 2015 – The Turks and Caicos recently recorded a new long jump National record thanks to young Ifeanyi Otuonye, and quite significantly the college student set a new indoor record for the triple jump and was named by the US Track and Field Cross Country Coaches Association as the mid-west Field Male Athlete of the Year. In her ministerial statement, Deputy Premier Akiera Missick congratulated Otuoyne on the feats as she announced that Akia Guerrier has qualified for the World Youth Track and Field competition which will be held next month in Colombia. It was also revealed that a team of primary schoolers will represent the TCI at the Caribbean Primary School Competition within the second week of July and came the announcement of the September UK Territory Games; it was not revealed who will represent the country at that track & field meet but local trials were organized by the TCAAA and said to be supported by sprinter, Angelo Garland. Delano Williams of Grand Turk, Bronze Medalist at IAAF Recommended for you Awardees, includes a true to life TCI herolast_img read more

Junior Firpo reveals Real Madrid connection

first_imgReal Betis defender Junior Firpo revealed his father is a Real Madrid fan and they always used to watch the games together, amid reports of a potential moveThe Spain U-21 international’s impressive displays at Betis have caused reports to emerge of a potential transfer to Real.It’s understood that Los Blancos are willing to pay for Firpo’s €50m buy-out clause to sign him from Betis as a long-term successor to Marcelo.“I’m closer to Real Madrid as my father is a Madridista,” Junior told Spanish TV channel Cuatro, via Football-Espana.Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“We watched them on TV when we first arrived in Spain and for that reason I’ve always felt stronger about them.”Firpo is contracted at Betis until June 2023 and has scored three goals in 15 La Liga appearances.Premier League champions Manchester City along with Arsenal have also been linked with moves for the 22-year-old.last_img read more

Pennsylvania Holds Inaugural Meeting of Base Support Commission

first_img Dan Cohen AUTHOR The 17-member Pennsylvania Military Community Enhancement Commission held its first meeting last week with the primary aim of protecting and promoting the state’s installations ahead of a future BRAC.“I am looking forward to working with my legislative colleagues as well as with economic development professionals and other volunteers on the commission to focus our efforts and activities that will protect and enhance the military value of our defense installations in serving our warfighters,” said state Sen. John Blake (D), a member of the commission who represents a district that includes Tobyhanna Army Depot.“We are aware that BRAC discussions will occur in Washington, D.C., in the years ahead. We need to work now to ensure Pennsylvania installations and Pennsylvania workers are not endangered by future BRAC decisions,” Blake said, reported the Pocono Record.The state legislature formally established the commission last year under the Pennsylvania Department of Community and Economic Development. The law establishing the commission assigned it multiple duties:establish long-term relationships with the state’s military installations and organizations;advocate at the local, state and federal levels for the enhancement of its installations;provide advice on the expansion of economic development opportunities and defense-related industry organizations;monitor federal activities affecting the state’s military facilities;engage stakeholders at the local, state and federal levels on the preservation of installations; andidentify sources of funding for economic development projects related to military installations.In addition to Tobyhanna Army Depot, the commonwealth’s installations include the Naval Support Activity and the Navy Yard in Philadelphia; the Pennsylvania Army and Air National Guard in Fort Indiantown Gap; the Defense Distribution Center in New Cumberland; Naval Support Activity in Mechanicsburg; Carlisle Barracks and the Army War College; Letterkenny Army Depot in Chambersburg; and the 911th Airlift Wing and 316th Sustainment Command in Moon.last_img read more