Swiss chocolate manufacturer Barry Callebaut has reported higher than expected operating earnings for the business year to the end of August 2002.

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The company’s earnings before interest and tax (EBIT) were SFr173.2m (US$119.5m) for the year, up 3% from the previous year. Barry Callebaut has said it expects EBIT of over SFr200m in the 2002-03 year, reported Reuters.

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