Barry Callebaut profits up

ZURICH: Barry Callebaut, the world’s biggest chocolate maker, reported a rise in half-year profits, boosted by the turnaround of the Petra cocoa business it bought over a year ago, and reaffirmed its medium-term sales growth target.

Chocolate makers are facing sluggish growth, especially in mature markets in western Europe, but Barry Callebaut benefits from a trend at big food groups, such as Nestle and Unilever, to outsource chocolate production. – Reuters