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Barry Callebaut sales, earnings riseSWITZERLAND: Barry Callebaut boosted by cocoa acquisition

3 April 2014

Barry Callebaut has booked an increase in first-half sales and earnings, boosted by the contribution of the cocoa business it acquired from Petra Foods last year.

SINGAPORE: Brand building drives Petra FY growth

27 February 2014

Singapore-based confectioner Petra Foods attributed increases in full-year sales and earnings at its consumer foods business to investment behind its brands.

SOUTH AFRICA: Nestle will launch an appeal to defend Kit Kat TM

7 February 2014

Nestle is taking legal action defend its Kit Kat trade mark from alleged violations by IFFCO's Tiffany Break brand in South Africa.

SINGAPORE: Barry Callebaut, Petra row goes to arbitration

17 December 2013

Singapore-based confectioner Petra Foods has taken its M&A dispute with Barry Callebaut to arbitration.

SINGAPORE: Consumer-focused Petra upbeat after Q3 results

13 November 2013

Petra Foods, the Singapore confectioner, has reported higher third-quarter profits as it starts life as a consumer-facing business after selling its cocoa ingredients arm.

SWITZ: Barry Callebaut FY earnings slide, reaffirms targets

7 November 2013

Business-to-business chocolate giant Barry Callebaut today (7 November) revealed a drop in earnings in its full-year but reaffirmed its mid-term financial targets.

SWITZ/SINGAPORE: Barry Callebaut, Petra in dispute over takeover

23 October 2013

Barry Callebaut and Petra Foods are in a row over the price the Swiss chocolate giant wants to pay for the Singapore chocolate firm's cocoa business.

US: Cargill "in final stages" of ADM cocoa deal

2 October 2013

US agribusiness giant Cargill is reported to be close to securing a deal to acquire Archer Daniels Midland's cocoa business.

INDONESIA: Barry Callebaut JV opens cocoa facility

3 September 2013

Barry Callebaut has opened a cocoa facility in Indonesia through its venture with local exporter P.T. Comextra Majora.

SINGAPORE: Petra Foods looks to "seize growth" in regional confectionery

15 August 2013

The CEO of Petra Foods has insisted the Singapore-based confectioner is in "an ideal position" to capitalise on opportunities in Asia in the wake of the sale of its cocoa ingredients arm to Barry Callebaut.

SWITZ: Barry Callebaut volumes beat market forecasts

4 July 2013

B2B chocolate giant Barry Callebaut today (4 July) reported an 8% increase in sales volumes for the first nine months of its financial year, with growth, it said, across all regions.

US: Cargill coy over "interest" in ADM cocoa business

3 July 2013

US agribusiness giant Cargill has remained coy over reports it is exploring the possibility of buying Archer Daniels Midland's cocoa business.

US: ADM confirms talks over cocoa unit sale

21 June 2013

US agri-giant Archer Daniels Midland has confirmed it is in talks over a potential sale of its cocoa business.

SINGAPORE: Improved sales, margins boost Petra Q1

16 May 2013

Singapore-based confectioner Petra Foods today (16 May) reported higher underlying first-quarter profits thanks to improved sales and margins from what is now its core consumer products business.

INDONESIA: Cargill to build cocoa facility

7 May 2013

Cargill has started building a cocoa processing plant in Indonesia to meet regional demand for cocoa products.

Quote, unquote: just-food's week in words

29 April 2013

just-food spoke with ABF CEO George Weston this week following the release of the firm's first-half figures. The chief executive spoke about the performance of and prospects for the firm's food operations. Elsewhere, Ocado dismissed reports of a potential takeover by Morrisons, while Nestle defended a trademark lawsuit it has filed against Petra Foods over the Singapore firm's Delfi Take-It chocolate bar.

Editor's choice: the highlights on just-food last week

29 April 2013

Associated British Foods grabbed the headlines this week - for good and tragic reasons. Twenty-four hours before a factory in Bangladesh that supplied ABF's discount clothing chain Primark, just-food discussed the Kingsmill bread owner's half-year results. Another UK-listed major, Unilever, this week reported its Q1 sales, which missed analyst estimates on weaker spreads and ice cream sales. Elsewhere, we analysed the return of GM to national UK headlines and China's attempts to improve food safety.

SINGAPORE: Petra hits out at Nestle Kit Kat lawsuit

25 April 2013

Chocolate and cocoa group Petra Foods has defended its Delfi Take-It chocolate bar after Swiss food giant Nestle filed a trademark lawsuit against the firm in Singapore.

On the money: Integration focus for Barry Callebaut

8 April 2013

Barry Callebaut plans to focus more on integrating recent acquisitions and supply deals this year than buying businesses or striking more supply deals, the chocolate group's CEO has told just-food.

SWITZ: Barry Callebaut H1 profits miss analyst forecasts

8 April 2013

Shares in Barry Callebaut, the world's largest B2B chocolate maker, fell today (8 April) after the Swiss group's first-half earnings fell below analyst estimates.

EXCLUSIVE: CAGE: Barry Callebaut brushes off concerns over Petra Foods

21 March 2013

B2B chocolate giant Barry Callebaut has sought to cool concerns over the recent performance of Singapore peer Petra Foods and the over-capacity in Asia's cocoa sector.

SINGAPORE: Chocolate charges melt Petra Foods FY profits

27 February 2013

Petra Foods has seen full-year profits slide by 57% due to difficult trading conditions and one-off charges related to its soon-to-be-sold cocoa ingredients business.

just the answer: Barry Callebaut marketing director for Western Europe, Sofie De Lathouwer

31 January 2013

Since selling its consumer units over the last few years, business-to-business chocolate maker Barry Callebaut has been treading a new path focused on its "core" business with industrial and artisanal customers. Michelle Russell caught up with Barry Callebaut marketing director for Western Europe, Sofie De Lathouwer at this year's ISM confectionery show in Cologne to find out more about its strategy for growth.

Quote, unquote: just-food's week in words

21 January 2013

Horse meat is the topic that kept the just-food newsroom busy last week after food safety officials found horse meat had been used in the production of burgers in the UK and Ireland. Tesco was the first to announce the recall of some ranges of burgers, with other retailers quick to follow suit. Elsewhere, Flowers Food emerged as the "stalking horse" bidder for various Hostess Brands bread brands in the US, and in the UK just-food spoke with Thorntons CEO Jonathan Hart on the firm's second-quarter results and his plans for the confectionery firm going forward.

UPDATE: SWITZ: Barry Callebaut growth skewed to emerging markets

16 January 2013

Barry Callebaut expects emerging markets to increasingly contribute a greater proportion of group sales, driven by M&A and organic growth.

SWITZ: Barry Callebaut sees flat value sales on volume gains

16 January 2013

Barry Callebaut revealed today (16 January) that first-quarter sales volumes remained flat despite a "strong" increase in volumes.

The just-food review of 2012: Commodity swings remain part of landscape

18 December 2012

Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa and sugar prices have continued to fall. Katy Askew takes a look at some of the major developments on the commodities markets over the past 12 months.

Quote, unquote: just-food's week in words

17 December 2012

Barry Callebaut CEO Juergen Steinemann last week insisted its acquisition of Petra Foods' cocoa ingredients unit will strengthen its future with the deal making it the world's largest processor of cocoa and high-quality cocoa powder. Elsewhere, the European Commission said it would come forward with ideas for a grocery code adjudicator by next autumn if no system of self-regulation is put into place. Parmalat, meanwhile, confirmed a raid on its offices over tax investigations, and David Heath, UK minister for environment, food and rural affairs said his department was working with the UK Government to identify export priority markets.

In the spotlight: Barry Callebaut believes in pricey Petra deal

13 December 2012

Increased exposure to emerging markets? Tick. Boost portfolio with more in-demand products? Tick. Barry Callebaut tried to outline the benefits of its move to buy Petra Foods' cocoa ingredients arm but the market winced at the price paid. Dean Best reports.

UPDATE: SINGAPORE: Petra deal will boost growth - Barry Callebaut

12 December 2012

Barry Callebaut CEO Juergen Steinemann has insisted the group's acquisition of Petra Foods' cocoa ingredients division will boost its growth as shares in the Swiss B2B chocolate firm fell.



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