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Barry Callebaut reports 8.5% decline in full-year net profit
date:Nov 09, 2012
Swiss chocolate products manufacturer Barry Callebaut has reported that its net profit for the fiscal year 2011/12 declined 8.5% to CHF241.1m ($255.49m), compared to CHF263.6m ($279.34m) in the same period the previous year, due to higher financing expenses and a less favourable tax mix.

Sales revenue increased 8.3% to CHF4.82bn ($5.10bn), compared to CHF4.45bn ($4.71bn) in 2011, while sales volume rose by 8.7% to 1,378,856t - up from 1,268,925t last year.

Barry Callebaut CEO Juergen Steineman

12/21 08:50