Barry Callebaut N

Barry Callebaut expects the recent cocoa price highs will not be sustained because of large industry inventories (around 500,000 t, about 10% of the annual crop). Current spot prices already appear to price in weather risks such as El Niño, leaving the group little room for further significant price increases for chocolate. Surpluses from two harvests could limit cost pressure in 2027/28 and lead to increased promotional activity and partly slightly lower prices. Barry Callebaut is focusing more on specialty and premium products and greater regional decision-making authority; UBS continues to rate the stock as “Neutral” with a price target of CHF 1,180. » Mere på de.investing.com

Barry Callebaut announces a streamlined strategy that focuses resources on ten key countries and the gourmet and special-ingredients segments to improve growth, service and operational execution. The company reports volume growth in the third quarter for the first time in about two years, but warns of continued weak demand for classic chocolate and high cocoa prices of around USD 4,500/tonne. Management plans margin and mix improvements, a reduction of net debt toward 2.5–3.0x EBITDA, and an expansion of the gourmet and solutions offering as future sources of earnings. » Mere på de.investing.com

Barry Callebaut has launched a three-year project with Arla Foods to reduce greenhouse gas emissions in the milk supply chain. Arla will provide annual primary data on the CO2 footprint of the milk volumes supplied at farm level to drive the decarbonization of milk procurement. The collaboration supports the chocolate and cocoa producer’s net zero strategy. » Mere på finanzen.net