When the Swiss Market Index (SMI) shed a quarter of its value in the past two weeks, alongside other European stocks suffering a coronavirus-induced freefall, Aryzta’s share price was hit twice as hard and cut in half. The stabilisation observed on stock markets on Friday did not apply to the Irish-Swiss food group – it lost another 10 per cent of its value on that day and closed at an all-time low of CHF0.43 in high trading volumes. During this period, Aryzta released its half-year results to the end of January last Monday. Shareholders have been scrutinising the world’s largest…

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