January 16, 2013 / 6:15 AM / 5 years ago

CORRECTED-Barry Callebaut confirms growth targets

(Corrects percentage fall in second paragraph)

ZURICH, Jan 16 (Reuters) - Barry Callebaut AG, the world’s biggest maker of chocolate and cocoa products, confirmed its medium-term growth targets on Wednesday after an 8.3 percent rise in first-quarter sales volumes beat expectations.

Sales revenue fell 0.6 percent to 1.248 billion Swiss francs ($1.35 billion), short of a forecast for 1.38 billion francs in a Reuters poll as the growth of its global sourcing and cocoa business was hit by the expansion of some factories.

($1 = 0.9277 Swiss francs)

Reporting by Emma Thomasson

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below