Barry Callebaut

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UK: Cadbury to wield axe in radical restructuring

19 Jun 2007

Cadbury Schweppes said this morning (19 June) that it would axe 15% of its workforce as part of a sweeping cost-cutting drive that it hopes will reshape the business.

Health trend sours German confectionery sector

17 May 2007

In spite of growth in areas such as organic chocolate and functional products, the German confectionery sector has been hard going in recent years, as consumer health concerns have changed consumer buying habits. Francisco Redruello of Euromonitor International assesses the current state of the market.

SWISS: Barry Callebaut open to talks on Sarotti

14 May 2007

Swiss chocolate producer Barry Callebaut has admitted it would be open to sharing control of its German brand Sarotti.

Bittersweet times for Hershey

1 May 2007

In the midst of a major streamlining programme and having just signed an outsourcing deal with Swiss chocolate producer Barry Callebaut, these are certainly interesting times for the established US confectionery giant Hershey. But, asks Dean Best, could this activity be the prelude to the ‘transformational’ deal which some analysts believe the company needs?

UPDATE: US: Barry Callebaut coy on US units after Hershey deal

27 Apr 2007

Swiss chocolate producer Barry Callebaut has remained tight lipped on the future of US unit Bracht after the company’s deal with Hershey. Barry Callebaut, which is reviewing its options on Bracht, is set to join forces with Hershey in the Americas over supply and product innovation.

US: Hershey, Barry Callebaut unveil partnership

27 Apr 2007

Chocolate producers Hershey and Barry Callebaut have signed a “supply and innovation partnership”, a deal both companies hope will drive long-term sales.

SWITZERLAND: Barry Callebaut H1 up 11%

3 Apr 2007

Chocolate manufacturer Barry Callebaut has posted an 11% increase in first half net profits. However, the company said that its profitability continues to be held back by the poor performance of its US confectionery business Brach’s.

SWITZERLAND: Barry Callebaut considering options for US unit

7 Mar 2007

Chocolate maker Barry Callebaut has confirmed that it is evaluating options for its US-based Brach’s unit.

SWITZERLAND: Nestlé and Barry Callebaut sign strategic deal

16 Feb 2007

Nestlé and Barry Callebaut have broadened their strategic cooperation in Europe with a project spanning three countries that will include the transfer of production facilities in Italy and France and a long-term supply agreement for Barry Callebaut to provide chocolate mass to Nestlé factories in Russia.

SWITZERLAND: Barry Callebaut focuses on health benefits of chocolate

29 Jan 2007

According to a survey released by Swiss chocolate maker Barry Callebaut, 36% of European consumers want chocolate with health benefits and 38% want chocolate with naturally reduced sugar content. The survey results were presented at the International Sweets Fair ISM in Cologne.

SWITZERLAND: Barry Callebaut confirms targets

18 Jan 2007

Barry Callebaut has confirmed its target for annual top-line growth of 3-5% over the next three years, and posted increased first quarter sales.

SWITZERLAND: Callebaut lines up sales target

15 Jan 2007

Swiss chocolate manufacturer Barry Callebaut AG will this week release its sales and profit targets for the three-year period ending August 2008.

SWITLERLAND: Barry Callebaut confirms targets at AGM

8 Dec 2006

Barry Callebaut has reiterated its profit targets and growth plans to expand in emerging markets at its AGM in Zurich, Switzerland.

CHINA: Barry Callebaut opens factory in response to growing demand

28 Nov 2006

The world’s largest chocolate manufacturer has said that it laid the foundation stone for a new chocolate factory in Suzhou, China, today (28 November). The company is increasing its production capacity in the region to cater for the growing demand for chocolate products in China, which is expected to be boosted by the 2008 Olympics.

SWITZERLAND: Barry Callebaut appoints VP consumer products, Europe

24 Nov 2006

Barry Callebaut, the world’s largest manufacturer of cocoa and chocolate products, has appointed Olaf Blank as vice president consumer products Europe, effective from 1 December. He will also serve as MD of Barry Callebaut’s German subsidiary, Stollwerck GmbH.

SWITZERLAND: Barry Callebaut profits lift

2 Nov 2006

Swiss chocolate maker Barry Callebaut has posted a 17.4% rise in full year net profit, raising its payout to shareholders and extending its three-year financial targets by another year.

SWITZERLAND: Barry Callebaut net profits rise 23.8%

29 Jun 2006

Swiss chocolate maker Barry Callebaut has posted net profit for the first nine-months of fiscal 2005/06 ended 31 May of CHF126m (US$100.98m), up 23.8% from the CHF101.8m reported for the same period last year. Operating profit (EBIT) increased by 14.6% to CHF215.6m for the current fiscal year, up from CHF188.1m in the prior year.

SWITZERLAND: Callebaut predicts short-term instability, long-term rises

29 Jun 2006

The world’s leading chocolate manufacturer, Barry Callebaut, said yesterday (28 June) that it anticipates continued instability in the price of cocoa in the short term but also saw the potential for prices to rise in the longer term.

SWITZERLAND: Barry Callebaut profit up in H1

10 Apr 2006

Barry Callebaut, the Swiss-based producer of high-quality cocoa and chocolate products, has posted rises in both EBIT and net profit for the first six months of the 2005/2006 fiscal year.

GERMANY: Barry Callebaut warns of cocoa shortage

20 Feb 2006

The world’s largest chocolate processor Barry Callebaut has warned of a potential shortage of cocoa.

SWITZ: Barry Callebaut reports strong Q1

11 Jan 2006

Barry Callebaut AG reported a good start to its financial year today when it announced a 2% rise in sales volumes and a 3.8% rise in revenues, as it benefited from an improving product mix and positive currency effects.

SWITZERLAND: Barry Callebaut appoints chief innovation officer

11 Nov 2005

Swiss chocolate and cocoa producer Barry Callebaut has announced that it has appointed Hans P. Vriens to the newly created position of chief innovation officer and member of the management team, effective 1 December 2005.

SWITZERLAND: Barry Callebaut profit falls on restructuring charges

10 Nov 2005

Swiss chocolate maker Barry Callebaut has reported net profit of CHF68.3m (US$52.3m) for the fiscal year 2004/05, compared to CHF115.6m a year earlier.

SWITZERLAND/USA: Barry Callebaut unveils new US plant

26 Oct 2005

Swiss chocolate maker Barry Callebaut has unveiled its new US$20m state-of-the-art chocolate factory in American Canyon, California.

GHANA: Barry Callebaut plans expansion

12 Aug 2005

Swiss chocolate maker Barry Callebaut has decided to install a second cocoa grinding line at its factory in Tema, Ghana, thereby doubling its current capacity from 30,000 to 60,000 tonnes annually.

SWITZERLAND: Barry Callebaut nine-month sales volume up, revenue down

8 Jul 2005

Chocolate maker Barry Callebaut has reported a rise in sales volume of 4.2% for the nine months ended 31 May 2005, but lower cocoa bean prices and currency effects meant sales revenue was down by 2.5% at 3.024bn Swiss francs (US$2.32bn), compared with 3.1bn francs in the same period last year.

SWITZERLAND: Barry Callebaut profits up in first half

11 Apr 2005

Swiss chocolate maker Barry Callebaut has reported a rise in net profit for the half ended 28 February 2005, despite a fall in the value of sales.

SWITZERLAND: Barry Callebaut reports lower Q1 sales

14 Jan 2005

Swiss chocolate maker Barry Callebaut has reported a 6% fall in first-quarter sales revenues to CHF1.15bn (US$0.97bn), mainly due to lower underlying cocoa bean prices and negative currency effects.

SWITZERLAND: Barry Callebaut reports higher full-year profit

10 Nov 2004

Swiss chocolate maker Barry Callebaut has reported higher full-year profit and sales but said it has temporarily shut three factories in Ivory Coast amid instability in the African country.

EUROPE: Barry Callebaut to close Stollwerck plant in Cologne

10 Sep 2004

Swiss chocolate maker Barry Callebaut has said it plans to close its Stollwerck factory in Cologne and transfer production elsewhere.

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