01.04.2015 07:01:01

Barry Callebaut's half-year results: Accelerating volume growth, strong profitability

Barry Callebaut / Barry Callebaut's half-year results: Accelerating volume growth, strong profitability . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Dear Madam, dear Sir,
  
The Barry Callebaut Group announced today its group key sales figures for first 6 Months of fiscal year 2014/15, ended on February 28, 2015, with the following highlights:
  • Sales volume picking up: +2.0% (+3.9% in Q2), outperforming a currently weak global chocolate confectionery market (-1.5%1)
  • Significant profit increase: EBIT up 8.7% (+13.0% in local currencies), net profit up 10.7% (+16.3% in local currencies)
  • Solid top- and bottom-line growth driven by Western Europe and Americas, outsourcing and Gourmet
  • Mid-term financial targets confirmed,2 subject to currency translation impacts
Juergen Steinemann, CEO of the Barry Callebaut Group, said: "As forecasted, we had a good second quarter after a slow start to the year. Our volume growth accelerated, much in contrast to the currently weak global chocolate confectionery market. All growth drivers contributed to our growth, especially outsourcing & partnerships and Gourmet. Our business in our main regions Western Europe and Americas performed particularly well. Despite a weak cocoa products market and a negative currency translation effect, we significantly improved our profitability thanks to our continued focus on product mix, margins and cost management."
 
The complete news release can be accessed in a PDF version via this link or is available on the - new/relaunched - company's website (incl. high-res pictures to download).
 
Best regards,
Media / Investor Relations Team
Barry Callebaut AG
 
 


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Barry Callebaut via Globenewswire
HUG#1907442

--- End of Message ---

Barry Callebaut
P.O. Box Zurich Switzerland

WKN: 914661;ISIN: CH0009002962;


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