With this, Barry Callebautconcludes the final step to dispose of all its consumer activities and to fully focus on business-to-business, serving industrial food manufacturers, artisans and professional users of chocolate.
As a result of the divestiture, Barry Callebaut reported a one-time loss from discontinued operations of €55.1m in its fiscal year 2011/12.
The operational result of the business until completion of the sale as well as final price adjustments will be reported under discontinued operations for the company’s fiscal year 2012/13.
Barry Callebaut is not expecting a significant additional write-off.
Source: Barry Callebaut
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