Barry Callebaut issues three-month sales figures
Today’s three-month key sales figures released by The Barry Callebaut Group reveal that the company’s sales volume is up 6.4%, while sales revenue is up 13.3% in local currencies (up 3.8% in Swiss Francs) – driven by higher cocoa bean prices.
Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, comments: “The good growth momentum from the fourth quarter 2014/15 continued and we had a strong start to our new fiscal year with broad-based sales volume growth and positive contributions from all key growth drivers. Our focus on ‘smart growth’ – i.e. a balance between volume growth and enhanced profitability as well as cash flow generation – is gradually being implemented, and our transformation projects are well on track.”
The sales figures reflect the first three months of fiscal year 2015/16 (which ended on November 30, 2015). Top-line growth was broad-based and fuelled by the three key growth drivers – outsourcing and partnerships, emerging markets, and gourmet and specialties. This contrasts with a 3.7% decline of the global chocolate confectionery market in the period under review.
– Meanwhile, the company has also announced that it has appointed Carole Le Meur as the group’s new chief human resources officer, effective April 1, 2016. Le Meur joins from Baxter Healthcare, where she has worked since 2008.