Barry Callebaut Ltd

BARN

Equity

ISIN CH0009002962 / Valor 900296

SIX Swiss Exchange (2024-11-22)

CHF 1,346.00+0.07%

Barry Callebaut Ltd
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About company

Barry Callebaut Ltd is a global leader in the manufacturing and supply of high-quality chocolate and cocoa products to the food industry. They provide a wide range of chocolate and cocoa ingredients, as well as tailored solutions for confectionery, bakery, dairy, and beverage products.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

Barry Callebaut Ltd reported a significant increase in sales revenue for the first half of fiscal year 2023/24, reaching CHF 4.6 billion. This represents a growth of +19.6% in local currencies and +11.1% in CHF, driven primarily by the substantial rise in cocoa prices and the broader inflationary environment.

Volume Growth

In the first six months of fiscal year 2023/24, Barry Callebaut Ltd achieved a sales volume growth of +0.7%, totaling 1.1 million tonnes. The second quarter saw a volume growth of +1.0%, demonstrating resilience in a challenging market environment.

Operating Profit

Barry Callebaut Ltd's operating profit (EBIT) on a recurring basis increased by +7.9% in local currencies, amounting to CHF 339.4 million. However, when reported in CHF, the EBIT saw a slight decline of -2.6%, impacted by one-off BC Next Level operating expenses.

Net Profit

The net profit for Barry Callebaut Ltd on a recurring basis rose by +0.8% in local currencies, though it decreased by -7.9% in CHF. The reported net profit, including one-off expenses from the BC Next Level program, was CHF 76.8 million.

Free Cash Flow

Barry Callebaut Ltd experienced a significant decrease in free cash flow, amounting to CHF -1,116.3 million for the first half of fiscal year 2023/24. This decline was primarily due to the impact of higher cocoa bean prices on working capital and increased investments under the BC Next Level program.

Summarized from source with an LLMView Source

Key figures

-8.31%1Y

-41.5%3Y

-31.4%5Y

Performance

29.6%1Y

22.2%3Y

20.9%5Y

Volatility