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Previous year's restated figures due to discontinuation of consumer activities

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October 22, 2012
Overview

Zurich/Switzerland, October 22, 2012– Barry Callebaut AG, the world’s leading manufacturer of high-quality cocoa and chocolate products, will announce on November 7, 2012 its full-year results of fiscal year 2011/12, ended August 31, 2012.

Barry Callebaut announced in September 2012, that it intends to sell its factory and the related business in Dijon (France) to “Chocolaterie de Bourgogne” concluding with this the final step to dispose of all its consumer activities – following the disposal of the Stollwerck business completed earlier in fiscal year 2011/12. The transaction will be executed upon completion of the information and consultation process with the works council.

Accordingly, the Group will present its financial figures for fiscal year 2011/12 for the continuing operations, whereas the figures in relation with the discontinued activities will be presented separately under discontinued operations in accordance with the requirements of IFRS 5. For comparison reasons, the amounts of fiscal year 2010/11 are restated as presented in the table below. The same format will also be used for the presentation of the 2011/12 financial figures.

 
Barry Callebaut
:

With annual sales of about CHF 4.6 billion (EUR 3.6 billion/USD 5.0 billion) for fiscal year 2010/11, Zurich-based Barry Callebaut is the world’s leading manufacturer of high-quality cocoa and chocolate – from the cocoa bean to the finished chocolate product. Barry Callebaut is present in 27 countries, operates around 40 production facilities and employs a diverse and dedicated workforce of about 6,000 people. Barry Callebaut serves the entire food industry focusing on industrial food manufacturers, artisans and professional users of chocolate (such as chocolatiers, pastry chefs or bakers), the latter with its two global brands Callebaut® and Cacao Barry®. Barry Callebaut is the global leader in cocoa and chocolate innovations and provides a comprehensive range of services in the fields of product development, processing, training and marketing. Cost leadership is another important reason why global as well as local food manufacturers work together with Barry Callebaut. Through its broad range of sustainability initiatives and research activities, the company works with farmers, farmer organizations and other partners to help ensure future supplies of cocoa and improve farmer livelihoods.

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Contacts

for investors and financial analysts:

for the media:

Evelyn Nassar

Raphael Wermuth

Head of Investor Relations

External Communications Manager

Barry Callebaut AG

Barry Callebaut AG

Phone: +41 43 204 04 23

Phone: +41 43 204 04 58

evelyn_nassar@barry-callebaut.com

raphael_wermuth@barry-callebaut.com

Key figures for fiscal year 2010/11 - Restated amounts due to discontinuation of the consumer activities

 

 

Change in %

12 months up to Aug 31, 2012

12 months up to Aug 31, 2011

 

 

in local currencies

in reporting currency

 

 

Group

 

 

 

 

 

Sales volume

Tonnes

 

 

 

1’268’925

Sales revenue

CHF m

 

 

 

4’459.9

EBITDA

CHF m

 

 

 

430.3

Operating profit (EBIT)

CHF m

 

 

 

362.3

Net profit from continuing operations

CHF m

 

 

 

263.6

By Region

 

 

 

 

 

Europe

 

 

 

 

 

Sales volume

Tonnes

 

 

 

643’943

Sales revenue

CHF m

 

 

 

2’147.1

EBITDA

CHF m

 

 

 

270.6

Operating Profit (EBIT)

CHF m

 

 

 

244.7

Americas

 

 

 

 

 

Sales volume

Tonnes

 

 

 

313’715

Sales revenue

CHF m

 

 

 

979.2

EBITDA

CHF m

 

 

 

85.3

Operating Profit (EBIT)

CHF m

 

 

 

71.8

Asia-Pacific

 

 

 

 

 

Sales volume

Tonnes

 

 

 

52’397

Sales revenue

CHF m

 

 

 

221.9

EBITDA

CHF m

 

 

 

29.8

Operating Profit (EBIT)

CHF m

 

 

 

24.9

Global Sourcing &Cocoa

 

 

 

 

 

Sales volume

Tonnes

 

 

 

258’870

Sales revenue

CHF m

 

 

 

1’111.7

EBITDA

CHF m

 

 

 

98.7

Operating Profit (EBIT)

CHF m

 

 

 

77.3

By Product Group

 

 

 

 

 

Sales volume

Tonnes

 

 

 

1’268’925

Cocoa Products

Tonnes

 

 

 

258’870

Food Manufacturers Products

Tonnes

 

 

 

868’590

Gourmet & Specialties Products

Tonnes

 

 

 

141’465

Sales revenue

CHF m

 

 

 

4’459.9

Cocoa Products

CHF m

 

 

 

1’111.7

Food Manufacturers Products

CHF m

 

 

 

2’635.7

Gourmet & Specialties Products

CHF m

 

 

 

712.5