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Barry Callebaut updates mid-term target based on new strategy
2023.11.01 02:36
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© Reuters. FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company’s annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo
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© Reuters. FILE PHOTO: Empoyees of chocolate and cocoa product maker Barry Callebaut prepare chocolates after the company’s annual news conference in Zurich, Switzerland November 7, 2018. REUTERS/Arnd Wiegmann/File Photo
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(Reuters) – Barry Callebaut, the world’s biggest chocolate maker, on Wednesday updated its mid-term volume target following the new strategy it announced in September.
The Swiss firm expects volumes to rise by a low to mid single-digit percentage over the next three years, after previously forecasting average volume growth of below 5% in the same period.