SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 - The Barry Callebaut Group, the world's leading manufacturer of chocolate and cocoa products, today announced its financial results for the first quarter of fiscal year 2024/25 (ended November 30, 2024).

Key Highlights

• Sales volume: 565,238 tonnes, down 2.7% from 580,876 tonnes in Q1 2023/24.
• Sales revenue: CHF 3,449.8 million, up from CHF 2,241.1 million in Q1 2023/24.
• EBIT recurring: CHF 264 million, up from CHF 193 million in Q1 2023/24.
• Earnings per share: CHF 1.23, up from CHF 0.91 in Q1 2023/24.

Management Commentary

SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 – Nimbus Boats, a leading innovator in the boating industry, has announced the launch of Nimbus Connect, a groundbreaking digital platform designed to enhance the boating experience through seamless connectivity. Unveiled at Boot Düsseldorf 2025, Nimbus Connect marks a significant step towards integrating cutting-edge technology with the joys of boating.

Nimbus Connect: Effortless Boating at Your Fingertips

In response to the growing demand for digital solutions in the marine industry, Nimbus Boats has developed Nimbus Connect, an innovative platform that connects boat owners with their vessels and service providers like never before. This initial phase focuses on providing a streamlined communication channel between boat owners, workshops, and retailers, ensuring a hassle-free boating experience for all Nimbus owners.

SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 - Custom motorcycle visionary Paul Yaffe has once again raised the bar with his latest masterpiece, a one-of-a-kind customization of the BMW R 18 Transcontinental. This stunning creation seamlessly blends classic hot rod aesthetics with the distinctive BMW essence, showcasing Yaffe's unparalleled design prowess.

A Legend in the Making

Paul Yaffe is a titan in the world of custom motorcycles, renowned for his innovative designs and unparalleled craftsmanship. With over 30 years of experience, he has established himself as a true visionary, pushing the boundaries of motorcycle customization.

SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 – CAYAGO AG, a pioneer in electric water toys, has announced the launch of its latest innovation, the SEABOB F9. Designed in collaboration with Studio F. A. Porsche, the SEABOB F9 is set to revolutionize the world of luxury water toys with its exceptional performance, unique technology, and stylish design.

The SEABOB F9: A New Generation of Water Toys

The SEABOB F9 is the third generation of CAYAGO's unique water toy, representing over 20 years of innovation. This latest model boasts impressive technical performance data, with a thrust performance of 60 TP for the standard model and 84 TP for the SEABOB F9 S. This translates to speeds of well over 20 km/h, allowing riders to glide through the water with ease.

Lightweight Design and High-Quality Materials

SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 – X-Yachts, the renowned Danish yacht builder, is making waves in the sailing world with the announcement of their ambitious 2025 racing program. The program will feature the cutting-edge XR 41 yacht, skippered by none other than world-champion yachtsman Jesper Radich. This dynamic partnership promises to push the boundaries of performance and innovation in the competitive world of offshore sailing.

X-Yachts Racing Team: A Fusion of Experience and Youth

For the 2025 season, X-Yachts is assembling a formidable racing team comprised of seasoned professionals and promising young talents. This initiative underscores X-Yachts' commitment to nurturing the next generation of sailors while simultaneously pushing the limits of the XR 41.

SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 – Tali and Yuval, seasoned sailors with a passion for exploration, embarked on an unforgettable journey through the Nordic seas aboard their brand new Xc 47 yacht. Their adventure, filled with stunning landscapes, newfound friendships, and the thrill of navigating a cutting-edge vessel, highlights the beauty of Scandinavia and the exceptional capabilities of the Xc 47.

Setting Sail from Denmark

SHERIDAN, WYOMING – January 22, 2025 – SHERIDAN, WYOMING – Jan. 22, 2025 – Barry Callebaut, a leading manufacturer of high-quality chocolate and cocoa products, today announced its first-quarter results for fiscal year 2024/25, demonstrating resilience in the face of challenging market dynamics. The company reported a sales volume decline of 2.7%, in line with the overall market, primarily attributed to high cocoa prices impacting customer-retailer pricing negotiations, delayed orders, and SKU rationalization.

Cocoa Prices Drive Revenue Growth Amidst Market Volatility

Despite the decline in sales volume, Barry Callebaut achieved a 63.1% increase in sales revenue in constant currency, driven by a surge of over 70% in cocoa bean prices during the first quarter. This highlights the company's ability to navigate volatile market conditions while capitalizing on price increases.

SHERIDAN, WYOMING – January 20, 2025 – SHERIDAN, WYOMING – Jan. 21, 2025 – For those seeking the pinnacle of luxury and adventure, Princess Yachts offers an escape from the ordinary. More than just a vessel, a Princess yacht is an extension of your lifestyle, a sanctuary on the water where unforgettable memories are made. Whether you crave relaxation, exhilaration, or quality time with loved ones, a Princess yacht delivers an unparalleled experience.

A Class Above

Princess Yachts presents a stunning range of meticulously crafted vessels, each designed to cater to discerning tastes and individual preferences. From the intimate elegance of the V Class to the expansive luxury of the X Class, there's a perfect Princess yacht for every voyage.

SHERIDAN, WYOMING – January 20, 2025 – SHERIDAN, WYOMING – Jan. 20, 2025 - Nimbus has taken a bold step into the explorer segment, introducing the 495 Flybridge, a vessel designed for epic adventures and long-distance exploration. This new addition sets a new standard for Nordic coupé boats, making them relevant on the international market, especially in the Mediterranean, the USA, and the Nordic regions.

A Legacy of Adventure The coupé boat holds a special place in Nimbus' history. For over 40 years, their coupé models have been the gateway to the archipelago, coastal voyages, and adventures for countless boaters. Recognizing the evolving travel patterns and holiday habits, Nimbus has developed the 495 Flybridge to cater to the growing need for a personal haven with comfort and security. This boat concept is rooted in deep traditions and insights, addressing the present and future needs of boaters.

SHERIDAN, WYOMING – January 20, 2025 – SHERIDAN, WYOMING – Jan. 20, 2025 – On the heels of a successful 2024, PRESTIGE reaffirms its commitment to international brand positioning and unveils two exciting new products at the prestigious boot Düsseldorf boat show. The company proudly introduces the F4.3, a new addition to its F-LINE, and also showcases the upcoming multihull model, the M7.

A Year of Growth and Recognition

PRESTIGE hosted a dedicated press conference at boot Düsseldorf to share its achievements and unveil these new offerings. The company highlighted its continued investment in international expansion, with several new product launches worldwide, market openings, and the remarkable milestone of building 5,000 PRESTIGE models in 2024, coinciding with the Groupe Beneteau's 140th anniversary.