Standard & Poor’s upgrades credit rating of Barry Callebaut to ‘BBB’ with outlook ‘stable’
Rating upgrade by S&P Global Ratings
We expect Barry Callebaut to maintain its resilient operating performance. The upgrade reflects our view that Barry Callebaut has demonstrated stable operating performance over the past four years and appears well positioned to continue to pursue profitable growth.
Maxime Puget, credit analyst at S&P
We are pleased with Standard & Poor’s credit rating upgrade, which acknowledges our continuously improved top line and EBIT, as well as focus on adjusted Free cash flow and returns. The rating confirms our market leadership position and strong financial profile.
Ben De Schryver, CFO of Barry Callebaut
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