Cookie Consent by Free Privacy Policy website Solid results in unprecedented times, confident on mid-term guidance
novembre 11, 2020 - barry.callebaut

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

Comunicato Stampa disponibile solo in lingua originale. 

  • 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

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