Barry Callebaut: First Half Fiscal 2020-2021 Results

Zurich / CH. (bc) Swiss Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, reported an accelerating sales volume growth of +3.4 percent to 1,622,479 tonnes during the first nine months of fiscal year 2020/21 (ended May 31, 2021). In particular the chocolate business regained momentum in the third quarter (+21.2 percent), resulting in a good performance of +5.6 percent over the first nine months of fiscal year 2020/21, well ahead of the underlying global chocolate confectionery market (+1.2 percent). The volume growth was supported by all Regions (Americas +9.4 percent, Asia Pacific +9.0 percent, EMEA +2.9 percent) and with positive contribution from the Group’s key growth drivers Gourmet + Specialties (+13.1 percent), Emerging Markets (+12.5 percent, excluding Cocoa) and Outsourcing (+5.5 percent). Sales volume in Global Cocoa also turned positive in the third quarter (+8.4 percent), reducing the volume decline after nine months to -4.3 percent. Sales revenue amounted to CHF 5,352.1 million, up +7.7 percent in local currencies (+2.1 percent in CHF).

«In the third quarter we delivered accelerating volume growth against a weak comparison base. Thanks to this regained momentum and a strong chocolate performance, we are solidly back into positive territory for the first nine months of the fiscal year and surpassing pre-Covid-19 volume,» says CEO Antoine de Saint-Affrique in his statement. For additional information please read the company’s’s PDF file below (141 KB):

20210821-BCG-Q3-2020-2021
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