Aryzta sees revenue drop

first_imgAryzta has seen revenue fall across its UK and Irish speciality bakery businesses as “substantially reduced customer spen-ding” resulted in tough trading conditions for the firm.Revenue in its Food Europe division dropped 11.4% in the 13 weeks to 31 October 2009. The firm, formed in August 2008 through the merger of Irish company IAWS and Swiss Bakery firm Hiestand, said the fall was “principally driven by extremely tough trading conditions in the UK and Ireland”, with a revenue decline in these markets in the region of 25% for the period.Aryzta is a mix of business-to-business and consumer brands, including Hiestand, Cuisine de France and Delice de France. Its Food Europe division comprises its speciality bakery businesses, which span across Switzerland, Germany, Poland, the UK and France.last_img read more

Nominations open for National Snooker Titles

first_imgThe minor B Grade titles cues off on Sept 7-11 followed by the major A Grade titles from Sept 14-18.Papua New Guinea Billiard and Snooker Association (PNGBSA) vice president John Chan said 40 players are expected each for the minor and major titles.Chan explained that the winner of the minor title gets automatic entry in the major competition and tries for a double as well.He said apart from Moresby, players will be coming from Kavieng and Alotau as well to make this a really national championship.The tournament will be played at three venues namely Aviat Club, Dragon’s Den and Lamana Q Club.Champion Djorne Fong will be looking to retain the title after holding on to it for the past eight years.Fong resides in Kavieng has been nominated to defend his title for the 9th consecutive year while younger brother Monty will defend the minor title.Fong will again expect tough competition from last year’s runner up and Port Moresby Open winner Marcus Ng.Chan said last year’s finals in both the minor and major titles went down to the final frames and this year will be no exception with more young talent and exciting snooker to be displayed.Registration fees are K200 for the minor title and K250 for the major title.Chan stressed that if fees are paid on or before the deadline, K50 will be reimbursed.  Registration closes on Sept 1 for the minor title and Sept 12 for the major title.last_img read more