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    Daniel Bürki

    Research Analyst at Zürcher Kantonalbank

    Daniel Bürki is an Equity Analyst at Zürcher Kantonalbank, specializing in coverage of Swiss-listed companies across sectors such as consumer goods and industrials. He has provided research and asked earnings call questions for companies like Barry Callebaut AG and Orell Füssli AG, with a track record of detailed sector analysis and insights at high-profile investor conferences. With experience at Zürcher Kantonalbank and a strong network in Swiss finance, Bürki is recognized as a key contact for institutional research on publicly-listed Swiss firms. His professional background includes deep engagement with C-level management and investor relations, although specific performance metrics and licensing credentials are not publicly disclosed.

    Daniel Bürki's questions to Barry Callebaut AG/ADR (BRRLY) leadership

    Daniel Bürki's questions to Barry Callebaut AG/ADR (BRRLY) leadership • Q2 2023

    Question

    Daniel Bürki from Zürcher Kantonalbank requested an assessment of the U.S. consumer, asking whether destocking has concluded and if there are signs of down-trading.

    Answer

    CFO Ben De Schryver explained that the recovery from customer destocking in the U.S. was slower than anticipated in Q2. He noted that while the overall North American confectionery market was down, sentiment is now turning more positive, particularly in out-of-home consumption. He stated that the business remains resilient over the long term despite quarter-to-quarter fluctuations.

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