SWX:BARNFood
Barry Callebaut (SWX:BARN) Margin Miss Reinforces Ongoing Profit Concerns Despite Strong Growth Forecasts
Barry Callebaut (SWX:BARN) reported earnings that underscore a mixed picture. Revenue is projected to decline at 0.7% per year over the next three years, while current net profit margins have slipped to 1.3% from 1.8% last year. Over the last five years, the company’s earnings have fallen by 12.5% annually, and this past year included a CHF 79.6 million one-off loss. Despite the lackluster historical trend, future prospects look brighter, with analysts forecasting annual earnings growth of...