The Chocolate Business produces and sells chocolate candies, chocolate drinks, milk modifiers, cereal bars and nuts.
It is the leader in Colombia in the category of chocolate confectionary, hot drinking chocolate, milk modifiers and nuts. It has significant shares in Costa Rica and Peru in the segments of milk modifiers and chocolate confectionary.
Direct presence in eleven countries.
| Chocolate | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Total sales (COP billion) | 1.421 | 1.464 | 1.553 | 1.677 | 1.737 | 1.965 |
| EBITDA (COP billion) | 147 | 206 | 250 | 232 | 232 | 263 |
| EBITDA Margin | 10,3% | 14,1% | 16,1% | 13,8% | 13,4% | 13,4% |
| Sales Colombia | 891 | 919 | 955 | 1.011 | 1.048 | 1.156 |
| International Sales (USD million) | 174 | 184 | 201 | 202 | 187 | 215 |
Chocolate represents 15,4% of total Group sales
Representse 17,1% of total ebitda Group
Sales Colombia represents 58,9% of all business unit
International Sale represents 41,1% of all business unit
