Barry Callebaut AG
BARN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@vn | LOCK|LR> | LOCK|$@RqgB% |
Barry Callebaut: Sales Volume Declines Amid Surging Cocoa Bean Prices; Shares Attractive
Wide-moat Barry Callebaut reported its sales update for the first three months of fiscal 2024/25, beginning in September 2024 with a 2.7% decline in volume. The company revised its full-year volume guidance to a low-single-digit decline from previously expected flat growth. The volume pressure is primarily due to high cocoa bean prices, which surged in early 2024, temporarily stabilized, and spiked again in November 2024, increasing by approximately 70% in the first quarter of fiscal 2024/25.
