Barry Callebaut AG (0QO7) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Barry Callebaut's full year 23-24 results presentation. I'm Sophie Lank, Head of Investor Relations, and it's my pleasure to welcome those of you in person today at the Sixth Convention Centre in Zurich, and also welcome to those of you online joining us via webcast. Our session today will be hosted by our CEO, Peter Fels, and our CFO, Peter Vanesta. We're, of course, going to cover the full year results, as well as some strategic updates and progress on our BC Next Level Transformation Programme. Before we get started, of course, just draw your attention to the usual disclaimer and to remind you that today's session is being recorded. And with that, I hand you over to our CEO, Peter Feld. Thank you very much, Sophia, and good morning to all of you here in the room as well as online. Thank you very much for joining our full year results conference today. Let me start in saying a big, big thank you to my entire organization at Barik Kalebaut. The past year has been probably a year of the biggest disruption, as you all are aware, in the global sourcing of cocoa, as well as the pricing fallouts that we have seen. And in addition to that, we continued and we built out our first year on our next level investment program to set Barik Kalibaut up for the future. As I shared with you a year ago, we are literally still a young company. We're only 25 years young. And with these investments, we are really preparing for the next decade of unparalleled profitable growth for Barry Callebaut. Now, when you sum up what we're sharing with you today and what Peter will detail later, then it's clear that we're confirming our growth strategy that we've shared with you in November 23. We, on the other side, have delivered in this year of biggest dis...