Return to Cash Generation
The company returned to cash generation in H2 and made strong progress on its deleverage agenda, supported by actions from the BC Next Level journey.
Recurring EBIT Growth
Recurring EBIT increased by 6.4% in constant currency, aided by pricing through increased cost of financing and mix.
Working Capital Actions
The company made significant progress in working capital actions, including diversifying sourcing, optimizing purchase timing, and introducing a letter of credit facility.
Cacao Coatings Growth
Cacao coatings saw positive growth, particularly in Western Europe and Latin America, driven by innovation and reformulation efforts.
Innovation and Strategic Initiatives
The company launched several initiatives, including BCOS and a new brand purpose with Callebaut, to enhance operations and customer experience.