Financial Results

Barry Callebaut said it has taken 'significant' refinancing measures to address rising cocoa prices. Pic: Barry Callebaut

Financial Results

Shift towards private-label chocolate steadies Barry Callebaut's sales

By Anthony Myers

According to analysts, Barry Callebaut has posted a slight rise in sales volumes in three months to the end of November ahead of a challenging and overall declining chocolate confectionery market due to inflation that is squeezing household budgets.

The company also said it is also battling a volatile environment in its European market. Pic: Mondelēz International

Financial results

Mondelēz to up Cocoa Life investment on back of strong Q3 results

By Anthony Myers

Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...