Accelerating volume growth
Zurich/Switzerland, July 15, 2021 – Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “In the third quarter we delivered accelerating volume growth against a weak comparison base. Thanks to this regained momentum and a strong #chocolate performance, we are solidly back into positive territory for the first nine months of the fiscal year and surpassing pre-COVID-19 volume.”
The Barry Callebaut Group, the world’s leading manufacturer of high-quality #chocolate and cocoa products, reported an accelerating sales volume growth of +3.4% to 1,622,479 tonnes during the first nine months of fiscal year 2020/21 (ended May 31, 2021). In particular the #chocolate business regained momentum in the third quarter (+21.2%), resulting in a good performance of +5.6% over the first nine months of fiscal year 2020/21, well ahead of the underlying global #chocolate confectionery market (+1.2%3). The volume growth was supported by all Regions (Americas +9.4%, Asia Pacific +9.0%, EMEA +2.9%) and with positive contribution from the Group’s key growth drivers Gourmet & Specialties (+13.1%), Emerging Markets (+12.5%, excluding Cocoa) and Outsourcing (+5.5%). Sales volume in Global Cocoa also turned positive in the third quarter (+8.4%), reducing the volume decline after nine months to –4.3%.
Sales revenue amounted to CHF 5,352.1 million, up +7.7% in local currencies (+2.1% in CHF).
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