Blog: Dean BestBarry Callebaut remains a sweet investment

Dean Best | 21 January 2009

Shares in chocolate maker Barry Callebaut tumbled today (21 January) – at the time of writing, they were down by more than 15% – but investors should remain upbeat about the Swiss firm's prospects.

Sure, first-quarter revenues may have been hit by currency fluctuations and the economic downturn may have whacked sales in western Europe.

However, the market should not be spooked by the fact that Callebaut missed some analysts' forecasts.

The company remains a good long-term bet. Its investment in some of the world's most buoyant emerging chocolate markets – take, for example, its recent spending in Mexico – and its deals with the likes of Cadbury and Nestle mean Callebaut is well positioned to thrive once the economic storm clouds pass.


BLOG

US food agency hints at direction of travel with "policy roadmap"

It's light on specific details but a new "strategic policy roadmap" for 2018 from the US Food and Drug Administration should give manufacturers a sense of where the agency could be looking to act this...

BLOG

Vegan tourist tales

I sampled some of the products launched in the UK in the New Year, aimed at those seeking to eat more healthily or cut down on their meat consumption....

BLOG

"We're evolving" - flagship US lobby group insists change coming as more members quit

Hershey and Cargill are the latest US-based food majors to have decided to leave The Grocery Manufacturers Association - and the lobby group says it is looking to change to meet the "disruption" in th...



Forgot your password?