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.

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The confectioner said that sales revenue increased 3.6% to CHF1,241.7m (US$993.9m) during the quarter, while sales volumes were up by 5.7% to 316,506 tonnes on an organic basis.


 


Callebaut also announced the early repayment, on 15 March 2007, of an outstanding 9.25% High-Yield Bond due 2010 for the amount of EUR165m.

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