Ricarda Demarmels

Chief Executive Officer, Emmi

Search every verified Ricarda Demarmels interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In an August 2020 half-year review, Emmi CEO Ricarda Demarmels reported that the company had delivered "good results" despite the challenging environment caused by the COVID-19 pandemic. She stated that organic growth reached 2 percent, with total growth of 6.6 percent, and that earnings before interest and taxes (EBIT) had risen slightly. Demarmels attributed the performance to the company's strategy and the efforts of employees, noting that the crisis had demonstrated the strategy's effectiveness even in difficult times. Demarmels acknowledged significant disruptions beneath the surface of the positive results, saying that "the gastronomy came to a standstill" in markets such as the United States and Switzerland, leading to "almost zero demand" overnight, while demand for basic products surged. She noted that the company had adapted quickly, with strong performance in Switzerland, Chile, Brazil, and in segments like Italian products and organic goods, while regions heavily reliant on food service, such as North America and Spain, suffered. Looking ahead, Demarmels said she expected the second half of 2020 to remain "very volatile," but expressed optimism that Emmi could generate "slight growth" and end the year with a satisfactory result.