April 10 Reuters Chocolate maker Barry Callebaut reported lower than expected halfyear operating profit on Wednesday, hit by oneoff expenses caused by its transformation plan.
The Swissbased company said its earnings before interest and tax fell 40 in local currencies to 178 million Swiss francs 197 million on a reported basis in the six months to the end of February, compared with 266 million francs expected by analysts in a companyprovided consensus.
1 0.9036 Swiss francs
Reporting by Paolo Laudani and Mateusz Dobrzyniewski; editing by Milla Nissi
Source Reuters