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LINDT & SPRüNGLI GAINS MARKET SHARES AND INCREASES PROFIT 25.07.2017

Key figures of the Lindt & Sprüngli Group


  • Organic growth of Group +3.6%, excluding Russell Stover +6.6%
  • Increase in Group sales of +3.1% to CHF 1.549 billion
  • Rise in EBIT to CHF 105.0 million, EBIT-margin: +6.8% (+20 bp)
  • Increase in net profit of +5.7% to CHF 76.3 million
  • Above-average organic growth in the segments “Europe” +6.0% and “Rest of the World” +14.0% 

Kilchberg, July 25, 2017 – The conditions in the first half-year were unchanged and remained difficult for the whole industry. Stagnating or only slightly growing chocolate markets, a consumer sentiment that remained largely restrained and an ever changing trade landscape posed great challenges for the industry. Lindt & Sprüngli however still managed to win market shares in strategically important markets and increased Group sales to CHF 1.549 billion, which corresponds to an organic growth of +3.6%. The strategic realignment of Russell Stover is making progress, but will take more time than originally anticipated. Excluding Russell Stover, a growth of +6.6% can be reported for the first half-year. Given the challenging market conditions, this represents an above-average result and is in line with our medium-/long-term strategic targets. It underlines the essential soundness of Lindt & Sprüngli’s core business that generates approximately 75% of Group sales with the Lindt brand.

Investor Relations

 

Martin Hug
CFO Group

Chocoladefabriken Lindt & Sprüngli AG

Investor Relations

Seestrasse 204
8802 Kilchberg
Switzerland

 

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