Barry Callebaut Group achieved strong sales volume growth of 8.9 % to 610,048 t during the first three months of fiscal year 2021/22 (ended 30 November 2021). While this was achieved against a weak comparison base, it was well ahead of the group’s pre-Covid-19 volume in 2019/20 (585,620 t). Organic volume growth was 8.1 % in the period under review, excluding the first-time consolidation of Europe Chocolate Company (ECC) as of September 2021.

The chocolate business showed particularly strong volume growth of 9.6 %, clearly outpacing the underlying global chocolate confectionery market (+ 3.1 %). All regions and key growth drivers contributed to these results: Gourmet & Specialties (+ 33.8 %), Emerging Markets (+ 11.0 %), Outsourcing (+ 4.5 %). Global Cocoa reported positive volume growth of 6.0 % in an ongoing challenging market environment. Sales revenue amounted to CHF 2.032 bn, up 14.0 % in local currencies (+ 14.3 % in CHF) in the first three months
under review.