Barry Callebaut: 16% rise in 9m sales
(CercleFinance.com) - Barry Callebaut reports 9m 2023-24 sales of 7.
32bn CHF, up 16.3% (+23.1% in local currencies), despite virtually flat sales volumes (+0.4%).
The Swiss chocolate maker explains that revenue growth was driven by the significant increase in cocoa prices, which it manages through its cost-plus pricing model for the majority of its activities.
Navigating cautiously in an uncertain environment, Barry Callebaut reiterates its annual guidance of stable volume and EBIT growth on a recurring basis at constant exchange rates.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
32bn CHF, up 16.3% (+23.1% in local currencies), despite virtually flat sales volumes (+0.4%).
The Swiss chocolate maker explains that revenue growth was driven by the significant increase in cocoa prices, which it manages through its cost-plus pricing model for the majority of its activities.
Navigating cautiously in an uncertain environment, Barry Callebaut reiterates its annual guidance of stable volume and EBIT growth on a recurring basis at constant exchange rates.
Copyright (c) 2024 CercleFinance.com. All rights reserved.