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Barry Callebaut volumes surge as more firms outsource chocolate making
date:Jul 05, 2013
ore profitability to the pre-acquisition level.

Much depends on how Barry Callebaut will integrate the Petra Foods unit, ZKB's Buerki said. They paid a lot and profitability of this business is lower.

Petra Foods' cocoa unit generated a loss of $28.9 million in the first quarter of 2013 on sales of $224.7 million.

Cocoa processors have been hit by weak prices for cocoa products, such as cocoa powder, which have fallen even more than prices for cocoa beans, squeezing processors' margins. Price

12/21 23:59