Barry Callebaut: Completion of Dijon sale to "Chocolaterie de Bourgogne"
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Barry Callebaut: Completion of Dijon sale to "Chocolaterie de Bourgogne"
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Conclusion of final step in divesting consumer activities
Zurich/Switzerland, November 30, 2012 - Barry Callebaut AG, the world's leading
manufacturer of high quality cocoa and chocolate products, today completed the
sale of its factory and the related business in Dijon (France) to the newly
formed "Chocolaterie de Bourgogne," as announced on September 21, 2012. With
this, Barry Callebaut concludes the final step to dispose of all its consumer
activities and to fully focus on business-to-business, serving industrial food
manufacturers, artisans and professional users of chocolate.
As a result of the divestiture, Barry Callebaut reported a one-time loss from
discontinued operations of CHF 66.8 million (EUR 55.1 million / USD 72.0
million) in its fiscal year 2011/12. The operational result of the business
until completion of the sale as well as final price adjustments will be reported
under discontinued operations for the company's fiscal year 2012/13. Barry
Callebaut is not expecting a significant additional write-off.
***
Barry Callebaut (www.barry-callebaut.com/):
With annual sales of about CHF 4.8 billion (EUR 4.0 billion / USD 5.2 billion)
for fiscal year 2011/12, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to the
finest chocolate product. Barry Callebaut is present in 30 countries, operates
around 45 production facilities and employs a diverse and dedicated workforce of
about 6,000 people. Barry Callebaut serves the entire food industry focusing on
industrial food manufacturers, artisans and professional users of chocolate
(such as chocolatiers, pastry chefs or bakers), the latter with its two global
brands Callebaut(®) and Cacao Barry(®). Barry Callebaut is the global leader in
cocoa and chocolate innovations and provides a comprehensive range of services
in the fields of product development, processing, training and marketing. Cost
leadership is another important reason why global as well as local food
manufacturers work together with Barry Callebaut. Through its broad range of
sustainability initiatives and research activities, the company works with
farmers, farmer organizations and other partners to help ensure future supplies
of cocoa and improve farmer livelihoods.
***
Contacts
for investors and financial analysts: for the media:
Evelyn Nassar Raphael Wermuth
Head of Investor Relations Head of Media Relations
Barry Callebaut AG Barry Callebaut AG
Phone: +41 43 204 04 23 Phone: +41 43 204 04 58
evelyn_nassar(at)barry-callebaut.com raphael_wermuth(at)barry-callebaut.com
The complete news release can be downloaded from the following link:
Press Release (PDF):
http://hugin.info/100441/R/1661653/538405.pdf
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Barry Callebaut via Thomson Reuters ONE
[HUG#1661653]
Unternehmensinformation / Kurzprofil:
Datum: 30.11.2012 - 17:31 Uhr
Sprache: Deutsch
News-ID 208627
Anzahl Zeichen: 4058
contact information:
Town:
Zurich
Kategorie:
Business News
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