The Barry Callebaut Group, manufacturer of high-quality chocolate and cocoa products, achieved strong sales volume growth of +5.3% to 2,306,681 tonnes in fiscal year 2021/22 (ended August 31, 2022). The chocolate business reported strong volume growth of +5.9% (organic +4.5%), excluding the first-time consolidation of ECC), clearly outpacing the flat underlying global chocolate confectionery market (+0.3%). Volume growth was supported by all Regions (Asia Pacific +15.8%, Americas +6.4%, EMEA +4.3%) and all key growth drivers, Outsourcing (+4.8%), Emerging Markets (+7.9%) and a particularly strong performance by Gourmet & Specialties (+22.5%). Sales volume growth in Global Cocoa further normalised to 456,970 tonnes, an increase of +2.5%.
On their Linkedin the company stated: We are presenting a strong set of results: delivering profitable volume growth. These results are supported by all Regions and segments, particularly Gourmet & Specialties.
“While the temporary stoppage of our site in Wieze/Belgium had a notable financial impact, the factory is back on stream, and we are catching up on delayed volume.”
“Supported by the consistency of our growth strategy and the strength of our innovation pipeline, we are on track to achieve our mid-term guidance in Fiscal Year 2022/23. Our Wieze factory runs again at normal capacity, though we will still experience an impact in the first quarter 2022/23 as we are catching up on delayed volume. I want to thank all the colleagues involved for their relentless work in the cleaning of the factory and all our customers for their loyalty and cooperation.” said Peter F. Boone, CEO of Barry Callebaut Group.
In October 2022, Barry Callebaut signed a partnership with Attelli in Morocco which will accelerate the expansion of Barry Callebaut in the region. Under the terms of the agreement, Barry Callebaut acquired Attelli’s manufacturing assets in Casablanca, establishing the Group’s first chocolate production footprint in Morocco and consequently on the African continent.
In September 2022, the Group deepened its presence in Canada by celebrating the groundbreaking of a new factory in Brantford, Ontario. Upon completion, the site will specialise in sugar-free, high protein, and other specialty chocolate products, further boosting the long-term growth of Barry Callebaut in North America.
In August 2022, Barry Callebaut celebrated the Group’s 15-years presence in China, an important chocolate gourmet market, by opening its centrally located Greater China headquarters as well as China’s flagship CHOCOLATE ACADEMY™ Centre in Shanghai. Through its global network of now 26 CHOCOLATE ACADEMY™ Centres, Barry Callebaut offers inspiration, training and personalized support for artisans, pastry chefs, confectioners, bakers and caterers.
Editorial contact:
Editor: Kiran Grewal kgrewal@kennedys.co.uk
