Barry Callebaut, the world's leading manufacturer of cocoa and
chocolate products, increased its sales revenue, operating profit
(EBIT) and net profit.
Swiss group Barry Callebaut has acquired Brach's in the US.
Combining Brach's with the German unit Stollwerck, acquired in
2002, will give Barry Callebaut annual sales of around €909m.
Barry Callebaut claims that the installation of a metal detector
and conveyor belt system has significantly improved efficiency and
reduced downtime on one of its busiest production lines.
A strong rise in sales volumes in Western Europe helped Barry
Callebaut to post steady profit rise for first nine months. Company
on course to meet its target of EBIT SF200 million in 2002/03.
Barry Callebaut, the Swiss chocolate producer, has continued to go
from strength to strength despite depressed consumer spending and
the strength of the Swiss franc. As in Q1, first half figures were
boosted by the Stollwerck acquisition...
Private labels are yet to make much of an inroad into the
confectionery segment, but new analysis from Euromonitor suggests
that the premium chocolate market could provide a rich vein of
growth for private label in the future.
Swiss chocolate manufacturer Barry Callebaut has reported an
increase in pre-tax profits for the 2001/02 year despite a decline
in volumes and higher raw material costs. Nwe product launches at
the premium end of the market have helped...
Mexico is rapidly emerging as one of the world's leading suppliers
of confectionery, and now seems set to usurp Chicago's position as
the world centre for confectionery production, a trend that is
being mirrored between...
Barry Callebaut completes its takeover of Stollwerck with an offer
of €295 per share for the remaining 3.9 per cent. The Swiss firm
said it would welcome investment from former Stollwerck
shareholders in its ongoing business.
