Barry Callebaut today announced its 2012/13 Sustainability Report which details the company’s strategy in the areas of sustainable cocoa, environmental protection and employee development.
Barry Callebaut Sustainability Report 2012/13 highlights sustainability practices and accomplishments with focus on cocoa farming
Barry Callebaut – Full-year results, fiscal year 2012/13: Significant top-line growth, profitability gained momentum
In the past fiscal year 2012/13 (ended August 31, 2013), Barry Callebaut strongly increased its sales volume by 11.4% to 1,535,662 tonnes. Excluding the recently acquired cocoa business, the Group accelerated the pace of its volume growth in the second half to +8.7% for the full year. This growth, which was considerably above the global market, was achieved in a partly challenging economic environment. All Regions and Product Groups contributed to this exceptional growth.
Update on the purchase of the cocoa business from Petra Foods
With reference to the public announcement of Petra Foods Ltd. dated October 21, 2013, Barry Callebaut states that it has submitted the completion statement in accordance with the Share Purchase Agreement (SPA) to Petra Foods. This would result in an adjustment payment from Petra Foods to Barry Callebaut in the amount of up to USD 98 million and would further reduce the total consideration of USD 860 million communicated on July 1, 2013.
Barry Callebaut inaugurated its first chocolate factory in Turkey
Barry Callebaut today officially inaugurated its first chocolate factory in Turkey, as announced in October 2012. The new state-of-the-art facility in Eskişehir offers an initial annual production capacity of 14,000 tonnes of chocolate. The total amount invested is CHF 16 million (TL 35 million / EUR 13 million / USD 17 million).
Hershey and Barry Callebaut build primary school in cocoa-growing region of Côte d’Ivoire
Addressing a critical community need in the western cocoa-growing region of Côte d’Ivoire, The Hershey Company and Barry Callebaut announced today the completion of a primary school, community and farmer training center.