Barry Callebaut restates Q3 results after Stollwerck sale

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Barry Callebaut restates Q3 results after Stollwerck sale
Barry Callebaut has restated its third quarter (Q3) results for 2010/11 following the sales of its European Consumer Products business Stollwerck to the Belgian Baronie Group.

The company has therefore reissued its 9-month key sales figures of fiscal year 2011/12.

Sales volume in Callebaut’s restated figures now stands at 972, 802 tonnes for the 9-month period, around 7% less than previously reported.

Sales revenues also fell 12% compared to figures before the Stollwerck divestment to  €3bn (CHF 3.6bn). 

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