Solid results in unprecedented times, confident on mid-term guidance

Sales volume down –2.0%, progressive volume recovery in fourth quarter
Sales revenue of CHF 6.9 billion, down –0.4% in local currencies (–5.7% in CHF)
Operating profit (EBIT) recurring1 of CHF 491.0 million, down –13.8%2 in local currencies (–18.5%2 in CHF)
Net profit recurring1 of CHF 319.3 million, down –13.3%2 in local currencies (–18.5%2 in CHF)
Strong Free cash flow of CHF 317 million
Confident on mid-term guidance3
CFO Remco Steenbergen to leave; Ben De Schryver appointed as CFO effective January 1, 2021 (see separate news release)
Board member Suja Chandrasekaran will not stand for reelection. Yen Yen Tan proposed as new member of the Board of Directors
Proposed dividend: CHF 22.00 per share, a stable payout ratio of 39%

Zurich/Switzerland, November 11, 2020 – Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “I am proud of the solid set of results and strengthened balance sheet that we managed to deliver in unprecedented times. They are testimony to the strength and resilience of Barry Callebaut, its employees and its culture. Our focus on care, continuity and cash helped us to safeguard the health of our people and communities, to serve our customers well at a time when they need it most, and to enhance the financing of our company.”

Further information in the press release to download

- Photogallery (6)

Cabosse Naturals - Wholefruit cocoa 2

3008x1998, 393KB

MONA LISA 3D STUDIO print farm closeup printing YOU closeup4 0

2001x1334, 145KB

BCFM Applications Confectionery Tablets Coins Milk Dark Chocolate plant based dairy free stamp PLANT CRAFT COINS-369

1999x1334, 308KB

Ben De Schryver 1

1600x1286, 596KB

Barry Callebaut CFO Remco Steenbergen

2048x1366, 619KB

Barry Callebaut CEO Antoine de Saint-Affrique

2048x1365, 356KB

- Documents (3)

Press release

1009KB

Barry Callebaut Annual Report 2019-20 1

4MB

Barry Callebaut EN Short Report 2019-20 4

5MB

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