Pascal Boll's questions to Barry Callebaut AG/ADR (BRRLY) leadership • Q2 2023
Question
Pascal Boll from Stifel inquired about the revised full-year volume guidance, the sustainability of the strong H1 EBIT performance, and the new CEO's commitment to the recently announced midterm targets.
Answer
CFO Ben De Schryver explained that the volume outlook was adjusted due to a slower-than-expected Q2 recovery, particularly in the Americas. He affirmed that the strong H1 EBIT, boosted by a normalized cocoa business performance, is sustainable and supports the new midterm guidance. CEO Peter Feld, being new to the role, deferred a specific commitment to the strategy but expressed confidence in the company's strong foundation.