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Pascal Boll

Research Analyst at Stifel Financial Corp.

Pascal Boll is the former Director of Equity Research at Stifel, specializing in the European telecoms sector with a coverage list that included companies such as mobilezone and Danone. Recognized for his consistent Buy ratings and positive price targets, he has developed a strong performance track record as evidenced by coverage on platforms like TipRanks. Boll’s career at Stifel spanned four years, during which he advanced from Associate Equity Analyst to Vice President and ultimately Director, before joining mobilezone as Director of Group Investor Relations and MVNO in 2025. He holds industry-recognized credentials, with experience in investment research and investor relations focused on listed telecom companies.

Pascal Boll's questions to Barry Callebaut AG/ADR (BRRLY) leadership

Question · Q2 2023

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.

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