Our successful growth...

...is driven by the continued expansion of our business in fast-growing, emerging chocolate and cocoa markets, and by being the trusted outsourcing partner for our customers while also passionately serving our Gourmet customers.

«I am very satisfied with our performance and grateful to our team of over 9,300 dedicated people for their tremendous work.»

Juergen Steinemann
CEO
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Furthermore, the Board of Directors proposes Ms. Wai Ling “Winnie” Liu as new member of the Board of Directors, succeeding Ajai Puri who will step down.' ) ?>
Andreas Jacobs
Andreas Jacobs
Chairman
 
Andreas Schmid
Andreas Schmid
Vice Chairman
 
Fernando Aguirre
Fernando Aguirre
 
Jakob Baer
Jakob Baer
Chairman of Audit, Finance,
Risk, Quality & Compliance
Committee
 
Jim Donald
Jim Donald
Chairman of Nomination & Compensation Committee
 
Nicolas Jacobs
Nicolas Jacobs
 
Timothy E. Minges
Timothy E. Minges
 
Ajai Puri
Ajai Puri
(until December 10, 2014)
 
Steven Retzlaff
President Global Cocoa
David S. Johnson
CEO and President
Americas
Victor Balli
CFO
Juergen Steinemann
CEO
Peter Boone
Chief Innovation &
Quality Officer
Dirk Poelman
Chief Operations Officer
Massimo Garavaglia
President Western Europe
 

«I am particularly satisfied with the effect of our increased focus on product margins, which translated into a significant improvement of our EBIT.»

Victor Balli
CFO

Region Europe

Strong profit performance through focus on margin and product mix

Sales volume decreased as a result of the Group’s strong focus on product margins in our industrial business as well as capacity constraints. Again, the Gourmet business delivered a strong performance in a challenging market environment. Overall, operating profit (EBIT) kept its strong growth momentum.
Region Europe

Region Americas

Continued strong growth momentum, top- and bottom-line

Region Americas continued to show a strong performance on both top- and bottom-line level. Growth has been achieved within all Product Groups and across all markets. Main drivers of the good result were the Group’s global accounts and its Gourmet business.
Region America

Region Asia Pacific

Acceleration of sales volume growth

Sales volume growth accelerated in Region Asia Pacific driven by the industrial business. Operating profit (EBIT) was impacted by weaker currencies, a slower Gourmet business and further investments to strengthen our manufacturing footprint.
Region Asia Pacific

Global Cocoa

Successful global integration of acquired cocoa business

With the first year of full integration of the cocoa business acquired in June 2013, Global Cocoa’s sales volume increased by over 50%. The new business made an important contribution to the operating profit (EBIT); expected synergies for the first year were overachieved.
Global Sourcing & Cocoa

Our Strategy

We are one of the fastest growing companies in volume within the food sector. Our ambitious growth strategy is based on four pillars: Expansion, with three key drivers emerging markets, outsourcing & strategic partnerships, and the Gourmet business, as well as Innovation, Cost Leadership and Sustainable Cocoa.

Our Vision

The heart and engine of the chocolate and cocoa industry.

Global Sourcing & Cocoa

Expansion

To further expand our global manufacturing footprint to be prepared for future growth, we built three new factories and invested around CHF 190 million to upgrade and extend capacities at existing sites.

Innovation

We launched more than 20 new products, ranging from chocolates with longer shelf-life, reformulated chocolates like sugar- or fat-reduced products, to inclusions with multi-flavor or multi-texture sensations.

Cost Leadership

Through continuous operational improvements at our current 51 factories, we aim to reduce overall manufacturing costs per tonne by 2% every year. On a like-for-like basis, we improved by 0.6% this year.

Sustainable Cocoa

Through our “Cocoa Horizons” sustainability initiative, we aim to bring our farmer engagement programs to the next level. This year we trained around 99,000 cocoa farmers in sustainable agricultural practices to increase yield and quality.

We aim to unlock the full potential of new, emerging markets. Outsourcing and partnerships are an essential part of our business strategy. In addition, we want to accelerate our Gourmet business’s growth.

At the end of 2012, we signed our first outsourcing agreement in South America. To serve our customer Arcor-Dos en Uno, but also others in this region, our new factory in Santiago de Chile just went on stream.

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At our 16 CHOCOLATE ACADEMY™ centers we share best practices and offer trainings for chocolate artisans. At our new Callebaut® flagship academy in Belgium we take these professionals on a journey from bean to chocolate.

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