Barry Callebaut AG

BARN: XSWX (CHE)

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Barry Callebaut Earnings: Volume Weakness Persists, but Deleveraging and Free Cash Flow Impress

Diana Radu

Nov 5, 2025

Barry Callebaut reported a 6.8% decline in sales volumes for fiscal 2025 and a 49% increase in sales revenue, as it passed extraordinary cocoa price inflation on to customers. Free cash flow significantly exceeded company-compiled consensus driven by working capital improvements.

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Barry Callebaut AG

Barry Callebaut Earnings: Volume Weakness Persists, but Deleveraging and Free Cash Flow Impress

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