Barry Callebaut maintains strong growth
Barry Callebaut, manufacturer of high-quality cocoa and chocolate products, achieved strong top-line growth with an increase in sales volume of 8.2% to 1,112,309 tonnes in the first nine months of fiscal year 2012/13 (ended 31 May 2013). During Q3, the company even accelerated its volume growth to 8.9%. With this, Barry Callebaut significantly outpaced the global chocolate market, which increased by 1.9%.
For the nine-month period, growth was recorded across all regions, strongly supported by the company’s long-term outsourcing agreements and strategic partnerships as well as the gourmet and specialties products business. Business in emerging markets continued to perform well, in particular EEMEA and Latin America.
Juergen Steinemann, CEO of Barry Callebaut, said: “We are pleased to have again achieved such strong, broad-based volume growth for the first nine months, especially as the general market environment in Western Europe was still challenging. Key growth drivers were our strategic partnerships, emerging markets and the gourmet business. Now, after the closing of the acquisition, we are focusing on the integration of the cocoa business from Petra Foods, having made all the necessary preparations for this during the past six months.”
