Barry Callebaut: Q1 sales up 6%

(CercleFinance.com) - Barry Callebaut has posted sales of 2.
24bn CHF for Q1 2023-24, up 6.2% as reported (+14.1% in local currencies), for virtually stable volumes (+0.4%).

This growth is explained by the sharp rise in cocoa prices and the inflationary environment, which Barry Callebaut manages through its cost-plus pricing model (which adjusts to rising costs) for the majority of its activities, it said.

Claiming solid progress on its BC Next Level investment program, the Swiss chocolatier confirms its targets for FY 2023-24 of stable volumes and EBIT on a recurring basis.


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