External Content

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

July 3 (Bloomberg) -- Barry Callebaut AG, the largest maker of bulk chocolate, said nine-month sales rose 22 percent, boosted by the acquisition of Petra Foods Ltd.’s cocoa unit.

Revenue advanced to 4.32 billion Swiss francs ($4.9 billion) in the period through May, the Zurich-based company said in a statement today. Excluding Petra, sales rose 6.8 percent to 3.78 billion francs.

The company makes more chocolate than any branded producer, supplying clients such as Unilever and Hershey Co. Barry Callebaut agreed in December 2012 to buy the cocoa-ingredients unit of Singapore-based Petra Foods, making the company the world’s largest cocoa processor.

“While the cocoa powder market remains challenging, we are very satisfied with the integration of the acquired cocoa business,” said Chief Executive Officer Juergen Steinemann in the statement.

Volume increased 16 percent, and 2.4 percent excluding the Petra business.

To contact the reporter on this story: Thomas Mulier in Geneva at tmulier@bloomberg.net To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net Thomas Mulier, Paul Verschuur

Neuer Inhalt

Horizontal Line


subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.







Click here to see more newsletters

swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!

Bloomberg