Barry Callebaut AG·Consumer Defensive

Barry Callebaut and its former CEO Peter Feld parted ways last month after a previously unreported clash at the top of the world's largest chocolate maker over a proposal to separate its cocoa business, two sources told Reuters.

Chocolate and cocoa giant Barry Callebaut announced Wednesday that it has named former Unilever CEO Hein Schumacher as its new chief executive officer, even as the company reported weaker-than-expected first-quarter results showing a decline in the sales volume of its cocoa products.

Barry Callebaut AG (BRRLY) Q1 2026 Sales/Trading Call Transcript

Hein Schumacher succeeds Peter Feld, who steps down to pursue other career opportunities. The group also booked an 8.9% rise in sales.

Barry Callebaut on Wednesday said it would appoint former Unilever boss Hein Schumacher as its chief executive and reported first quarter results showing it sold less of its cocoa products than expected.

Barry Callebaut remains undervalued despite recent outperformance versus the broader market and peers like Lindt & Sprüngli. I leveraged 2025 trends to update my long-term thesis, highlighting improved fundamentals and relative value in the cocoa sector. Current ratings diverge: Quant rates BYCBF a 'HOLD,' while Wall Street is at 'SELL,' yet I see overlooked upside.
Barry Callebaut AG, together with its subsidiaries, engages in the manufacture and sale of chocolate and cocoa products. The company provides chocolates, compounds, chips and chunks, cocoa, cacao fruit, fillings, coatings, nuts, decorations and inclusions, and food colorants, as well as personalization sheets. It also offers cocoa powder, chocolate drinks, cappuccinos, dessert drinks, dairy and non-dairy products, tea, and coffee. The company provides products under the ASM, Barry Callebaut, Cacao Barry, Callebaut, Carma, Chocovic, Mona Lisa, Gertrude Hawk Ingredients, Van Houten Professional, Bensdorp, Cabosse Naturals, Caprimo, D'Orsogna Dolciaria, IBC, and La Morella Nuts names. In addition, it offers centralized treasury and management services; research and development; insurance; and conference and training services offered through CHOCOLATE ACADEMY centers. The company serves food manufacturers and artisans; and professional users of chocolate, including chocolatiers, pastry chefs, bakers, hotels, restaurants, or caterers. It also offers products for vending machines. The company operates primarily in the United States, Germany, the United Kingdom, Belgium, France, Mexico, Brazil, Poland, Switzerland, rest of Europe, rest of Americas, and the Asia Pacific. Barry Callebaut AG was incorporated in 1996 and is headquartered in Zürich, Switzerland.
Consumer Defensive
Food Confectioners
13,239
2010-04-05
0.19