What was Barry Callebaut's third-quarter sales volume change, and how did it affect its full-year volume outlook?

Barry Callebaut's third-quarter sales volumes rose 5.7% year-on-year — the first increase in two years — driven by early signs of stabilising fundamentals and service levels in North America; as a result, the company revised its full-year volume decline forecast to 1% (ending August), an improvement from the previously expected 2.5% decline.

Why did Barry Callebaut maintain its EBIT outlook despite raising its volume guidance?

The company maintained its EBIT outlook because the volume gain was driven primarily by its lower-margin cocoa business, meaning higher volumes did not translate into proportionally higher earnings, offsetting the positive impact of improved volume performance on profitability expectations.

Barry Callebaut volumes rise for first time in two years, outlook improves

Jul 8, 2026

Barry Callebaut reported a 5.7% rise in third-quarter sales volumes, ending a two-year decline despite record cocoa prices driven by El Niño. The company improved its full-year volume forecast while maintaining earnings guidance amid stabilizing North American operations.

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