Barry Callebaut rise net profit

Barry Callebaut AG announced net profit for the first nine-months of fiscal 2005/06 (31 May) of CHF126m (€85.8m), up 23.8% compared with the same period last year. Operating profit (EBIT) increased by 14.6% to CHF215.6m for the current fiscal year, up from CHF188.1m in the prior year.
Consolidated sales volumes were practically unchanged from the previous year, increasing 0.1%. Sales revenue increased 8.7%, including above average cocoa bean sales on the second quarter – excluding this, sales revenue increased by 4.4%. Sales in the third quarter showed greater growth compared to the second and first quarters, increasing by 3.8% in volume and 9.5% in revenues.
Increased revenues across all units, the company said, drove profitability along with cost reductions facilitated by the successful completion of a restructuring process at the consumer products Europe business.