The Swiss chocolate producer Barry Callebaut has reaffirmed its previously stated three-year sales and profit guidance, in spite of rising raw material costs.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


A spokesperson for the company today confirmed to just-food comments made in the local press by CEO Patrick de Maeseneire, who said the company still expected to achieve its three-year target of average annual operating profit growth of 8% to 10%, profit after tax growth of 12% to 15% and organic volume growth of 3% to 5%.


These targets cover the three-year period from the 2005/2006 fiscal year through to 2007/2008. Callebaut will publish its financial results for the current 2006/2007 fiscal year in November.


De Maeseneire also said the company intends to double sales in East Europe and Asia over the next three to four years. It currently derives 88% of its turnover from Western Europe and North America


Since February, the Swiss company has signed three major outsourcing deals with large confectionery groups, namely Cadbury Schweppes, Hershey, Nestlé, and de Maeseneire said he expected the outsourcing trend would continue and represented a big opportunity for the future.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now