Barry Callebaut sales, gross profits up

11/7/2013 | Reuters ·

Barry Callebaut reported an 11.4% increase in sales volume to 1.5 million metric tons and an 8.3% growth in gross profits accounting for $5.3 billion for fiscal 2012-2013. Net profit was down 5.4%, but the company expects 2% long-term sales growth. "I am proud of the excellent volume growth we have achieved, notably with strategic partnership agreements in emerging markets and in our gourmet business," said CEO Juergen Steinemann.

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