Barry Callebaut Ltd: Previous year's restated figures due to discontinuation of consumer activities
October 22, 2012 | by Barry Callebaut Switzerland Ltd.
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October 22, 2012, Barry Callebaut AG, the world’s leading manufacturer of high-quality cocoa and chocolate products, will announce on November 7, 2012 its full-year results of fiscal year 2011/12, ended August 31, 2012.
Barry Callebaut announced in September 2012, that it intends to sell its factory and the related business in Dijon (France) to “Chocolaterie de Bourgogne” concluding with this the final step to dispose of all its consumer activities – following the disposal of the Stollwerck business completed earlier in fiscal year 2011/12. The transaction will be executed upon completion of the information and consultation process with the works council.
Accordingly, the Group will present its financial figures for fiscal year 2011/12 for the continuing operations, whereas the figures in relation with the discontinued activities will be presented separately under discontinued operations in accordance with the requirements of IFRS 5. For comparison reasons, the amounts of fiscal year 2010/11 are restated as presented in the table below. The same format will also be used for the presentation of the 2011/12 financial figures.
Media Contact:
Raphael Wermuth External Communications Manager Barry Callebaut Ltd. Phone: +41 43 204 04 58 raphael_wermuth@barry-callebaut.com
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Source: Barry Callebaut Switzerland Ltd., Press release