01/07/2008
Barry Callebaut: dynamic sales growth
The resulting volume decline in March was followed by higher volumes in the subsequent months, leading to very strong volume growth in the third quarter. Sales revenue rose by 18.6% to CHF 3,608.6 million in the first nine months of fiscal year 2007/08. Revenues were positively affected by historically high raw material prices and negatively impacted by a weakening USD and GBP against the EUR and CHF. These unfavorable exchange rate developments have started to weigh on exports of Gourmet chocolate from continental Europe to the U.S., the UK and Asia. Therefore, Barry Callebaut is about to launch a locally produced Gourmet line in the U.S. and in Asia.