Barry Callebaut: Previous year's restated figures due to first-time application of IFRS 8 ('Operating Segments')

Barry Callebaut AG, the world’s leading manufacturer of high-quality cocoa and chocolate products, will announce its full year sales figures of fiscal year 2009/10, ended August 31, 2010, on Nov 4, 2010.

As announced in January 2010, Barry Callebaut has adapted its reporting structure as from fiscal year 2009/10 onwards, as a consequence of the first-time application of IFRS 8 (“Operating Segments”).  This standard requires that the reported operating segments correspond to the internal management reporting used by the chief operating decision maker. Accordingly, Barry Callebaut reports by region. The globally managed “Global Sourcing & Cocoa” business is reported as a separate operating segment like a region.

The product groups are basically unchanged compared to the previous Business Unit reporting view; differences to the figures published in 2008/09 result from a reclassification of certain Food Manufacturer Products into Consumer Products.

For comparison reasons, the Group’s previous year figures (fiscal year 2008/09) are now presented in the new reporting structure in the table below, the same format in which the full year numbers will be released on November 4, 2010, at 7:00am CET.

Key sales figures for the twelve months of fiscal year 2008/2009 
– PREVIOUS YEAR’S FIGURES ONLY

Barry Callebaut:
With annual sales of about CHF 4.9 billion for fiscal year 2008/09, Zurich-based Barry Callebaut is the world’s leading manufacturer of high-quality cocoa and chocolate – from the cocoa bean to the finished product on the store shelf. Barry Callebaut is present in 26 countries, operates about 40 production facilities and employs about 7,500 people. The company serves the entire food industry, from food manufacturers to professional users of chocolate (such as chocolatiers, pastry chefs or bakers), to global retailers. 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. The company is actively engaged in initiatives and projects that contribute to a more sustainable cocoa supply chain.