Swiss chocolate maker Barry Callebaut said its chief executive is to step down next year, after reporting a rise in full-year profits and a pick-up in sales volume growth.
The company, which produces chocolate for big food companies such as Nestle and Unilever , confirmed its mid-term financial targets and said it was seeing signs of improvement in its business in western Europe where growth has been sluggish.
"The market environment is challenging at the moment. We're not going to grow strongly in coming months. But (the company's business in) Europe is moving back to growth," Chief Financial Officer Victor Balli told Reuters on Thursday.
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