Barry Callebaut Navigates High Cocoa Prices, Reaffirms Commitment to Growth and Sustainability
SHERIDAN, WYOMING – Jan. 22, 2025 – Barry Callebaut, a leading manufacturer of high-quality chocolate and cocoa products, today announced its first-quarter results for fiscal year 2024/25, demonstrating resilience in the face of challenging market dynamics. The company reported a sales volume decline of 2.7%, in line with the overall market, primarily attributed to high cocoa prices impacting customer-retailer pricing negotiations, delayed orders, and SKU rationalization.
Cocoa Prices Drive Revenue Growth Amidst Market Volatility