date:Jul 31, 2014
Barry Callebaut has announced that Standard Poors Rating Services (SP) revised its outlook to stable from negative and affirmed the 'BB+' long-term corporate rating of the company. At the same time, SP confirmed the 'BB+' ratings on the company's senior unsecured debt.
According to SP, the outlook revision reflects their anticipation that the financial metrics of Barry Callebaut will stay in line with SPs significant category, thanks to continued sales revenue growth and a steady operating per