14. Jul 2026
Description
(AWP Alliance News) - Barry Callebaut published the transcript of its July 9, 2026 analyst call on FY2025/26 nine-month sales, attended by CEO Hein Schumacher, CFO Peter Vanneste, Head of Investor Relations Sophie Lang, and analysts from UBS, Barclays, JPMorgan, Kepler Cheuvreux, Morgan Stanley, Vontobel, Bank of America, Goldman Sachs, and Deutsche Bank. Management flagged a return to positive volume growth in Q3 for the first time in more than two years, yet kept guidance for a roughly -1% full-year volume decline, a mid-teens recurring EBIT drop in local currencies, and net debt/EBITDA below 3x on a GBP 3,000 cocoa price assumption.
The group completed a EUR 849 million Euro bonds buyback with an upfront CHF 15 million cost, lifting expected net finance costs to about CHF 330 million for the year, while management pointed to finance costs falling below CHF 300 million next year. Barry Callebaut cited early operational improvements, including zero critical quality incidents year-to-date, North America OTIF up 6 percentage points, and customer response times improving nearly 20%, while warning that cocoa profitability is normalizing in the second half and that fuel, Middle East disruption risk, and Turkey hyperinflation could pressure results.
Management also announced a regional reorganization effective Sept. 1, 2026, with AMEA renamed APAC and CEE becoming CEMEA, alongside plans to shift some functional teams closer to regional execution.
https://docs.publicnow.com/63CE005D1D4A4DEEA98221ADF66B21977332C7BF
Disclaimer: This news brief was created using generative artificial intelligence. Barry Callebaut AG published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.
