Barry Callebaut Shares Plunge as it Cuts Guidance Again

(Bloomberg) – Swiss Cocoa grinder Barry Callebaut AG cut the sales volume guidance for the second time in three months due to permanent cocoa beans volatility.

Stocks have fell to 10% in Zurich trade since April.

According to a statement on Thursday, the company is now a 7% decrease in full -year sales volume. He said that the global chocolate market sees the biggest decline in the third quarter in ten years ”and decreased by 10.95 billion CHF ($ 13.8 billion) in the first nine months of the financial year and 6.3% in sales volume.

Furthermore, compared to a previously expected double -digit increase, a single -digit increase in mid -mid -mid -digging earnings in local currencies for 2024/25 before interest and taxes expects a high -digit increase.

Inflationist prints saw the sales of Chocolate Production customers’ sales fell as they squeezed consumer budgets and demand. Unlike consumer brands such as Swiss Lindt & Spruengli AG, companies had difficulty transferring higher cocoa prices to customers due to lack of premium brand pricing power.

Cocoa beans prices are more than 30% this year and higher production is expected in the season that started in October, while chocolate makers are still increasing prices by cleaning expensive stocks.

The uncertainty about the Potential tariffs of the US also suppresses the demand. The global chocolate business of Barry Callebaut saw a 12.3% decrease in the third quarter sales volume in North America.

“In the quarter, weak volumes generally reduce the visibility of the return to the growth of volume growth in the growth of volume growth in the quarter, öyle

Barry Callebaut has seen that the share price has fallen more than 30% since 2024, when cocoa prices began to increase due to bad harvests in West Africa and other growing regions. The company is being restructured under the General Manager Peter Feld, who tries to bring the company closer to its customers.

-Help from Allegra Catelli.

(In the second paragraph, the share price decrease and updates, analyst comment in the eighth paragraph.)

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