06.11.2014 07:03:21
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Full-Year Results: Barry Callebaut significantly grows volume and profit
Barry Callebaut / Full-Year Results: Barry Callebaut significantly grows volume and profit . 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 full-year results for fiscal year 2013/14, ended on August 31, 2014, with the following highlights:
Sales volume boosted by acquired cocoa business: up 11.8%, supported by emerging markets, Gourmet and outsourcing
Strong profit growth: EBIT up 21.4%, net profit up 14.5%
Successful global integration of acquired cocoa business; profit contribution and synergies on track
Mid-term financial targets confirmed
Juergen Steinemann, CEO of the Barry Callebaut Group, said: "We achieved another record year, both top and bottom-line. Our sales volume was boosted by the acquired cocoa business, and further supported by our three growth drivers - emerging markets, Gourmet and strategic partnerships. With 2.9% volume growth on a stand-alone basis, we grew faster than the global chocolate market. Over the last two years we have increased our focus on margin improvement. This has paid off, with EBIT and net profit growing at a double-digit rate. I am very pleased with the successful global integration of the acquired cocoa business as well as its profit contribution already in the first year."
Watch also Mr. Steinemann's video message on the Annual Report 2013/14 microsite: www.barry-callebaut.com/annual-report.
The complete news release can be accessed in a PDF version via this link or is available on the company's website (incl. high-res pictures to download): http://www.barry-callebaut.com/51?release=12293
Best regards
Media / Investor Relations Team
Barry Callebaut AG
Image_Wai Ling (Winnie) Liu
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Press release
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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#1869044
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Barry Callebaut
P.O. Box Zurich Switzerland
WKN: 914661;ISIN: CH0009002962;
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