Barry Callebaut Q1 Sales Up
Posted on: Wednesday, 23 January 2008, 09:00 CST
Chocolate and cocoa products company Barry Callebaut has reported sales of CHF1.41 billion, an increase of 21.9% for the first three months of fiscal year 2007-08 ended November 30, 2007.
The company's sales volumes rose 10.6% to 331,916 metric tones for the first three months of the fiscal year. The volumes were driven by the development of the food manufacturers business unit as an increasing number of food manufacturers outsourced their chocolate needs to Barry Callebaut.
The Gourmet & Specialties business unit also saw growth as the demand for premium quality chocolate continued to rise. Sales revenue rose 15.2% for the first three months of the fiscal year.
Source: Datamonitor
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