Chocolate Sales Bounce Back for Barry Callebaut


13 Jul 2017 --- Confectioners Barry Callebaut has seen sales revenue spike 2.9 percent driven by a strong growth for chocolate. The Swiss company has also reported a 2.8 percent increase to 1.4m tons in sales volumes in the first nine months of this financial year, ending on May. Meanwhile sales growth has gone up 5.5 percent in the last three months. 

Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said this is down to the company’s “healthy chocolate portfolio”. 

“We maintained good volume growth momentum and managed to outperform the market once again. We continue to consistently execute our ‘smart growth’ strategy,” he says.

Group Key Sales Figures
Barry Callebaut Group says it achieved this growth in a global chocolate confectionery market that declined by -0.6 percent over the last nine months, but recently bounced back with a growth of +2.3 percent during the last three months.

It says that this momentum was supported by Barry Callebaut’s key growth drivers gourmet & specialties (+11.6 percent), outsourcing (+9.7 percent) and emerging markets (+3.3 percent). 

For the first nine months, the intentional phase-out of less profitable cocoa contracts weighed on overall volume development, but sales volume in global cocoa for Q3 was back at the same level as the prior-year period. 

The phase-out of these contracts, amounting to 50,000-60,000 tons overall, has now been completed, according to the group.

Sales revenue increased by +2.9 percent in local currencies (+3.7 percent in CHF) to CHF 5,193.5 million, in line with volume growth and a better product mix, offset by lower cocoa bean prices. 

Healthy Outlook with Good Momentum
“‘Smart growth’ will continue to be at the heart of our strategy execution. This means driving above-market volume growth, enhanced profitability and free cash flow generation,” adds De Saint-Affrique. 

“The phase-out of less profitable cocoa contracts is now completed; we continue to see a healthy portfolio and expect the good momentum to remain. On this basis we confirm our mid-term guidance.”

Strategic Milestones
Barry Callebaut recently opened a new Chocolate Academy in Milan, Italy and Mexico City and invested in four existing Asian academies.

In addition the company also launched a number of products over the past nine months, including Callebaut ChocoGelato, a chocolate base to create ‘gelateria’ style chocolate products and Snow-Melt, a fast-melting chocolate filling with a firm texture which can be used in various chocolate applications such as pralines. 

It also launched a new range of chocolate and fruit fillings with low water activity for confectionery and bakery creations. Furthermore, La Morella Nuts extended its portfolio with a new range of organically grown Mediterranean nuts.

Barry Callebaut


With annual sales of about CHF 6.7 billion (EUR 6.1 billion / USD 6.8 billion) in fiscal year 2015/16, the Zurich-based Barry Callebaut Group is the world’s leading manufacturer of high-quality chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 50 production facilities worldwide and employs a diverse and dedicated global workforce of close to 10,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The two global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®. The Barry Callebaut Group is committed to make sustainable chocolate the norm by 2025 to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

Related Articles

Business News

“Dirty cocoa beans” getting into the supply chain

15 Sep 2017 --- UK national newspaper, The Guardian, has written an expose about what it describes as “dirty cocoa” following an investigation which involved the news organization visiting the Ivory Coast, where much of the world’s cocoa grows. The article – entitled “Chocolate industry drives rainforest disaster in Ivory Coast” says the world’s chocolate industry is “driving deforestation on a devastating scale in West Africa.”

Food Ingredients News

Herza launches purple chocolate range in line with latest nutritional trends

15 Sep 2017 -- Purple colors in foods is one of the strong trends this year. Cupcakes, ice cream and waffles in vivid lilac are just as much on trend as violet fruit and vegetables. In line with these colorful trends, Herza Schokolade has introduced a new purple range of chocolate consisting of white chocolate enhanced with concentrated fruit and vegetable powders. 

Food Ingredients News

Emmi launches new line of desserts in line with “sensible indulgence”

14 Sep 2017 --- The current trend for healthy eating and sensible indulgence is closely linked to that of practical, time-saving convenience products, therefore ready-to-eat desserts are extremely popular. Swiss dairy group, Emmi believes this segment has considerable potential for high-quality, innovative products and has launched a new range of desserts: Ooola Secrets. Emmi has installed a completely new production line to this end, enabling it to offer a variety of dessert creations in on-trend small portions.

Food Ingredients News

Cocoa and chocolate industry join forces with West African governments for deforestation-free initiative

13 Sep 2017 --- The world’s leading cocoa and chocolate companies are working with the governments of Côte d’Ivoire and Ghana to double down on plans to end deforestation and forest degradation in the cocoa supply chain.

Food Ingredients News

Buehler buys Austrian wafer machine maker Haas

12 Sep 2017 --- The Haas Group, the Austrian maker of wafer, biscuits, and confectionery production systems, is now part of the Bühler Group after an acquisition contract was signed in Vienna last week. 

More Articles