BYCBF - Swiss Chocolatier Barry Callebaut Growing Year After Year
It’s been over three years since I last wrote on Swiss chocolatier Barry Callebaut (BYCBF). Since then, the stock is up, sales and earnings have increased, and the debt agencies recently upgraded debt to investment grade. Callebaut provides chocolate for many of the food companies that you are familiar with. Sales and profits have risen, debt has decreased, and the barriers to entry for the chocolate business are very high.
The stock trades for CHF 1545, there are 5.48 million shares, and the market cap is CHF 8.47 billion. The dollar and Swiss