Skiplink Navigation

Main Features

Sweet results posted by chocolate maker

Barry Callebaut, the world's largest chocolate maker, has posted a 66 per cent rise in its full-year net profit.

The Zurich-based company said on Thursday that net profit for the year that ended on August 31 rose to SFr205 million ($175.5 million).

"We continued to see good growth in the first two months of the current fiscal year," the company said in a statement.

The 2007/08 profit for Barry Callebaut was however below the average estimate of analysts polled by the Reuters news agency, who had been expecting SFr216 million.

"A loss on the sale of financial assets and higher financial expenses had a negative impact on net profit in the fiscal year 2007/08," the group said.

Barry Callebaut is a supplier of cocoa and chocolate products for companies such as Nestlé and Cadbury.


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!