Barry Callebaut volumes surge as more firms outsource chocolate making
date:Jul 05, 2013
of the Swiss firm's sales, it said.

Sales volume growth accelerated to 8.9 percent in the third quarter, said Barry Callebaut - which also supplies Nestle , Mondelez and Hershey's - while the global chocolate market grew only 1.9 percent.

Third-quarter volumes were very good, mainly driven by North and South America. We estimate that at least half of that growth is driven by outsourcing deals, ZKB analyst Daniel Buerki said.

Nine-month volumes in austerity-hit Europe, which accounts for about
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