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© Reuters. FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company’s annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo
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© Reuters. FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company’s annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo
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(Reuters) – Barry Callebaut, the world’s biggest chocolate maker, on Wednesday updated its mid-term volume target following the new strategy it announced in September.
The Swiss firm expects volumes to rise by a low to mid single-digit percentage from the 2025/2026 financial year onwards, after previously forecasting mid-term growth of below 5% on average for 2023-2026.
(This story has been corrected to say that the company expects low to mid single-digit growth from 2025/2026 onwards, not over next three years, in paragraph 2)