World's Biggest Chocolate Maker Issues Profit Warning as Cocoa Prices Collapse; Shares Plunge 17%

World’s largest chocolate maker hit by price crunch

Falling cocoa prices have, paradoxically, led to falling profits for the world’s largest chocolate maker. Cocoa prices surged in 2023 and 2024, but have since fallen steeply. Swiss firm Barry Callebaut, which supplies chocolate to food giants such as Nestlé and Unilever, bought cocoa at the higher rates, but — because its contracts with buyers tie chocolate prices to cocoa’s current level — it must now sell the resulting chocolate cheaply. Norma…

Sweet trouble: World’s top chocolate maker issues warning as shares sink 17%

Barry Callebaut profit warning shocks markets. Shares crash 17% in hours. Cocoa prices collapse over 40% this year. The worlds largest chocolate maker now expects profits to fall sharply. Falling cocoa prices should help margins. But demand is weak and supply is too high. Industry overcapacity is rising fast. Global trade risks add more pressure. Shipping disruptions near key routes increase costs. The Barry Callebaut profit warning highlights d…

World's biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%

Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.

Barry Callebaut Warns of Mid-Teens Profit Drop as Cocoa Crash Hits Margins

NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/barry-callebaut-warns-of-mid-teens-profit-drop-as-cocoa-crash-hits-margins/Barry Callebaut, the world’s largest chocolate maker, slashed its full-year profit outlook on Thursday after a steep decline in cocoa prices exposed margin weaknesses and operational bottlenecks, sending the company’s shares down sharply and signalling a difficult transition…