Swiss chocolate maker Barry Callebaut boosts profits after price hikes

Swiss chocolate maker Barry Callebaut saw its profits increase in the 2024/25 financial year (to the end of August), despite a selling less chocolate. +Get the most important news from Switzerland in your inbox Revenues rose by 42.4% to CHF14.79 billion, boosted by price increases, the cocoa products processor and trader reported on Wednesday. Sales volumes fell by 6.8% to 2.13 million tonnes. Global chocolate saw volumes fall by 5.3%, while Global Cocoa saw volumes fall by 12.8%. + How fillers and flavours help reduce cocoa in chocolate treats Operating profit (Ebit) rose by 42.4% to CHF635.1 million, while recurring Ebit remained stable (-0.1%) at CHF703.4 million. Net profit came to CHF188.4 million, down 1.3% on the year. Excluding the effect of exchange rates, however, it rose by 7.2%. Recurring net profit fell by 40.2%, or 35.9% in local currencies, to CHF249.6 million. This was due to lower volumes and investments. + The chocolate of the future will have less cocoa or none ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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