Live Markets, Charts & Financial News

Barry Callebaut updates volume target based on new strategy By Reuters

0 31
2/2

© 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

2/2

(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)

Leave A Reply

Your email address will not be published.