Barry Callebaut AG

BARN

CH0009002962

Food Processing

Market Closed - Swiss Exchange Other stock markets 11:30:10 2024-05-02 am EDT			5-day change	1st Jan Change
1,511 ^CHF	+1.82%		+9.57%	+6.48%

Apr. 26	Barry Callebaut Accepts Penalty for Negligent Publishing of FY22 Financial Report	MT
Apr. 19	Barry Callebaut: launch of FFI for sustainable cocoa	CF

Barry Callebaut: launch of FFI for sustainable cocoa

April 19, 2024 at 09:05 am EDT

Barry Callebaut announces the official launch of the FFI (Future Farming Initiative) investment company, with the ambition of 'creating a fully scalable, profitable and sustainable cocoa farming model' for the sector.

Steven Retzlaff, currently President of Global Cocoa, will assume the role of Executive Chairman with immediate effect. FFI will initially be 100% owned by Barry Callebaut, but will also develop technological and R&D capabilities.

The Swiss chocolate maker intends FFI to be a 'catalyst for others to invest in agriculture and partner with farmers to modernize large-scale sustainable cocoa farming'.

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	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BARRY CALLEBAUT AG	1,511 CHF	+1.82%	+9.57%	8.84B
	S&P GSCI COCOA INDEX	297.1 PTS	-8.70%	-31.35%	-

Latest news about Barry Callebaut AG

Barry Callebaut Accepts Penalty for Negligent Publishing of FY22 Financial Report	Apr. 26	MT
Barry Callebaut: launch of FFI for sustainable cocoa	Apr. 19	CF
Barry Callebaut to Establish Future Farming Initiative Investment Company	Apr. 19	MT
Stifel Upgrades Barry Callebaut to Buy from Hold, Lifts PT	Apr. 16	MT
UBS Upgrades Barry Callebaut to Neutral from Sell, Raises PT	Apr. 16	MT
BARRY CALLEBAUT : UBS raises its recommendation	Apr. 16	CF
BARRY CALLEBAUT : Stifel raises its recommendation	Apr. 16	CF
BARRY CALLEBAUT : Barclays remains negative, adjusts its target	Apr. 15	CF
Corbion Appoints Barry Callebaut Chief Human Resources Officer to Same Role	Apr. 12	MT
Swiss Market Index Little Changed; Barry Callebaut Shines on Revenue Jump	Apr. 10	MT
Factbox-European companies cut jobs as economy sputters	Apr. 10	RE
Tech stocks power STOXX 600 higher; Barry Callebaut jumps	Apr. 10	RE
Transcript : Barry Callebaut AG, H1 2024 Earnings Call, Apr 10, 2024	Apr. 10
U.S. Futures, European Stocks Rise Ahead of U.S. Inflation Data	Apr. 10	DJ
Barry Callebaut: higher recurring profits in 1st half-year	Apr. 10	CF
Tech stocks lead STOXX 600 higher; Barry Callebaut shimmers	Apr. 10	RE
Barry Callebaut jumps as volumes hold up despite cocoa price surge	Apr. 10	RE
Barry Callebaut operating profit falls 40% on transformation costs	Apr. 10	RE
Barry Callebaut Posts Lower Fiscal H1 Attributable Net Profit; Revenue Up	Apr. 10	MT
Barry Callebaut operating profit falls due to transformation plan	Apr. 10	RE
Barry Callebaut AG Reports Earnings Results for the Half Year Ended February 29, 2024	Apr. 09	CI
BioMérieux: food safety initiative	Apr. 05	CF
Barry Callebaut Group Launches "MALEO" Cocoa Powder Across Asia Pacific	Apr. 03	CI
Artisan Partners Asset Management Increases Stake in Barry Callebaut	Mar. 27	MT
European companies cut jobs as economy sputters	Mar. 04	RE

Chart Barry Callebaut AG

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Company Profile

Barry Callebaut AG is a Switzerland-based company engaged in the food processing industry. The Company produces cocoa, chocolate and confectionery products for the food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterer. Its manufacturing process involves all stages of the cocoa and chocolate value chain from the sourcing of raw materials to the delivery of the finished products. The Companyâs global activities are divided into four geographic-based segments: Global Cocoa, Europe, Americas, and Asia Pacific. The Company operates more than 50 chocolate and cocoa factories, and is present in over 30 countries. The Company operates Nyonkopa, a licensed buying company based in Ghana, as a subsidiary.

Sector

Food Processing

Calendar

2024-07-11 - Q3 2024 Sales and Revenue Release

Related indices

STOXX EUROPE 600 (EUR)

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A-

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Sell

Buy

Mean consensus

OUTPERFORM

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1,511 CHF

Average target price

1,672 CHF

Spread / Average Target

+10.64%

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Sector Chocolate & Confectionery

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Chocolate & Confectionery

Barry Callebaut AG

Equities

BARN

CH0009002962

Food Processing

Barry Callebaut: launch of FFI for sustainable cocoa

Stocks mentioned in the article

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