The Barry Callebaut Group reported sales volume of 1.085 m tonnes in the first six months of fiscal year 2024/25 (ended February 28, 2025).  

According to the company, the highly volatile market environment impacted customer behaviour and pricing, resulting in a sales volume decrease of 4.7%. Sales volume for Global Chocolate decreased by 4.5% in a declining global chocolate confectionery market according to NielsenIQ (- 2.4%; NielsenIQ volume growth excluding e-commerce; 26 countries; August 2024 - January 2025; data subject to adjustment to match Barry Callebaut's reporting period; NielsenIQ data only partially reflects the out-of-home and impulse consumption).

Food Manufacturers (- 5.6%) were significantly impacted by market dynamics with large pricing actions, historically low levels of customer orders and other short-term changes to customer behaviour given the volatility. Gourmet (+ 0.7%) delivered positive growth, recovering in the second quarter with resilient demand across most regions. Sales volume for Global Cocoa declined 5.6% as the business prioritized volume in the supply constrained environment and saw a negative demand impact from significant cocoa bean price increases, particularly in AMEA and CEE.

Group sales revenue amounted to CHF 7.287 bn, up 63.1% in local currencies (+ 56.9% in CHF). The increase was driven by Barry Callebaut's cost-plus pricing model as the business passed through significantly higher cocoa bean prices to customers. Gross profit amounted to CHF 653.8 m, up 1.7% in local currencies (- 1.4% in CHF), supported by the company's cost-plus pricing model as well as mix. Operating profit (EBIT) recurring amounted to CHF 329.6 m, an increase of 1.5% in local currencies (- 2.9% in CHF) compared to the prior year. The increase came despite the impact of negative volume growth due to lower and delayed customer demand in light of record bean prices, as the cost-plus model successfully passed on a significant portion of cost increases.