Enhanced search


  07/11/2018 | Industry, International

Barry Callebaut: strong results across all regions and product groups

In fiscal year 2017/18 (ended August 31, 2018) the Barry Callebaut Group increased its sales volume by 6.3% to 2.036 m tonnes, significantly above the growth rate of the global chocolate confectionery market (source: Nielsen, +1.8% in volume for the period August 2017 to August 2018 in 25 countries). According to the company, growth was broadly based with strong contributions from all key growth drivers: Emerging Markets (+ 9.1%), Gourmet & Specialties (+ 7.7%) and Outsourcing (+ 5.6%). Global Cocoa achieved a solid volume growth of 3.9%.

Sales revenue was flat, + 0.1% in local currencies (+ 2.1% in CHF), at CHF 6.948 bn, as a result of lower raw material prices, which the Group passes on to its customers for a large part of its business. Gross profit improved by 17.2% in local currencies (+ 20.7% in CHF) to CHF 1.157 bn. Operating profit (EBIT, recurring) increased by 21.2% in local currencies (+ 25.3% in CHF) to CHF 554.0 m. Net profit for the year (recurring) grew by 31.0% in local currencies (+ 35.9% in CHF) to CHF 357.4 m.