Barry Callebaut’s Sales Decline Puts Chocolate-Maker Peers On Negative View By Investing.com

Investing.com — Barry Callebaut, the Swiss chocolate maker, reported lower sales in the first quarter of fiscal 2025, leading to a negative outlook for U.S. and European chocolate companies. The 2.7% decline in sales for Barry Callebaut was more than the market’s expected decline of 2.2%. In particular, sales in Western Europe fell by 7.5 percent.

Barry Callebaut also revised his vote guidance for fiscal year 2025, now predicting a slight decline in volume. This is a reduction from the previous forecast of constant rates.

Barclay (LON: ) Analysts said Barry Callebaut’s performance appeared to reflect rising cocoa prices. The company has been able to counter some of the noise pressure with aggressive pricing measures.

American chocolate manufacturers Mondelez (NASDAQ:) and Hershey, along with European chocolate manufacturers Lindt and Nestlé (NSE: ) are now under investigation due to a reported decline in sales from Barry Callabout.

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