Swiss chocolate maker Barry Callebaut has reported a better-than-expected rise in first-quarter net profit and gave an optimistic outlook for the full year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Barry Callebaut, which makes chocolate products for food manufacturers, posted net profit of CHF56.7m (US$45.7m) for the first quarter to 30 November, while sales rose 16% to CHF1.2bn, reported Reuters.


The sales result included CHF127.5m from newly acquired US confectionery firm Brach’s and Belgian-Dutch chocolate group Luijckx.


Barry Callebaut posted a 15% rise in earnings before interest and tax (EBIT) to CHF91.5m.


Analysts had been expecting net profit of between CHF39m and CHF51m, while EBIT had been expected at CHF67-84m and sales had been forecast at CHF1.12-1.24bn.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Chief financial officer Dieter Enkelmann told Reuters the company was optimistic full-year earnings would increase 15% if economies continued to improve.