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Barry Callebaut lowers targets after net profit misses
2015年11月4日 / 早上6点18分 / 2 年前

Barry Callebaut lowers targets after net profit misses

ZURICH, Nov 4 (Reuters) - Barry Callebaut’s new chief executive lowered the Swiss chocolate maker’s mid-term targets to 4-6 percent sales volume growth per year after higher cocoa bean prices and a foreign exchange loss made net profit fall in the full year to August.

Chocolate makers are grappling with declining global chocolate sales, but Barry Callebaut is benefitting from a trend at big food groups to outsource chocolate production and robust demand for its premium and ready-to-use products for professionals.

“We see significant growth opportunities ahead and we are committed to achieving consistent, above-market volume growth based on our three key growth drivers outsourcing and partnerships, emerging markets and gourmet and specialties,” said Antoine de Saint-Affrique, who took over as CEO on October 1.

Reporting by Silke Koltrowitz, editing by Brenna Hughes Neghaiwi

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