Tag: $Barry Callebaut

Barry Callebaut shares fell on Wednesday after the company missed sales volume expectations and cut its guidance for fiscal 2025 as soaring cocoa bean prices drag demand. Shares were down 5.9% at 1,079 Swiss francs in European morning trading, the lowest level in nearly 10 years.

Chocolate maker Barry Callebaut reported a small rise in first-half sales volumes on Wednesday, easing fears that a sharp rise in cocoa prices and other inflationary pressures might hit demand and sending its shares as much as 10% higher.

Barry Callebaut said it increased revenue in its first fiscal quarter, mainly thanks to higher pricing.