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Barry Callebaut AG (VTX:BARN) Barry Callebaut reports sales for first three months of fiscal year 2008/09: Barry Callebaut continues sales growth in a tough economic environment
* Sales volume growth of 2.0% to 338,513 metric tonnes * Sales revenue rose 7.2% in local currencies; sales revenue growth in the reporting currency (CHF) was up 0.7% to CHF 1,429.1 million * Profitability on track as a result of higher margins and strict cost control * Four-year financial targets 2007/08 through 2010/11 confirmed *
Group key sales figures for the first three months of fiscal year 2008/09
+-------------------------------------------------------------------+ | GROUP | | Change | Three | Three | | | | (%) | months up | months up | | | | | to Nov 30, | to Nov 30, | | | | | 2008 | 2007 | |--------------------+-------+-----------+------------+-------------| | Sales volumes | mt | 2.0 | 338,513 | 331,916 | |--------------------+-------+-----------+------------+-------------| | Sales revenue | CHF m | 0.7 | 1,429.1 | 1,419.4 | | in local | | 7.2 | 1,521.1 | | | currencies | | | | | +-------------------------------------------------------------------+
Zurich/Switzerland, January 21, 2009 - Barry Callebaut AG, the world's leading manufacturer of high-quality cocoa and chocolate products, continued to grow in the first three months of fiscal year 2008/09 ended November 30, 2008, in a tough global economic environment.
* Mid-term financial targets are on average for period 2007/8-2010/11: annual top-line growth of 9-11%, EBIT growth of 11-14% and net profit growth of 13-16%, barring any major unforeseen event
Contacts
Contacts for the media: for investors and financial analysts: Josiane Kremer, Corp.Communications Barry Callebaut AG Simone Lalive, Head of IR Phone: +41 43 204 04 58 Barry Callebaut AG josiane_kremer@barry-callebaut.com Phone: +41 43 204 04 23 simone_lalive@barry-callebaut.com
The news release can be downloaded from the following link:
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