Tony’s Chocolonely boss says investing in farmers is good for business
Chief executive of Dutch chocolate maker believes chasing market share through low prices is counter-productive
Chief executive of Dutch chocolate maker believes chasing market share through low prices is counter-productive

Company warns of effect of falling cocoa prices, industry overcapacity and supply disruptions

Much of their time is spent appeasing and aligning competing forces

Antoine de Saint-Affrique says US push to counter obesity and additives align with French group’s own initiatives

Higher production, lower consumption and plunging profits threaten factory closures

Policymakers should act to ensure greater transparency of the increasing amount of private transactions

Ignoring the upside can be as dangerous as discounting the downside