Chocoladefabriken Lindt & Sprüngli AG announces today to extend the Group Management with the addition of a new function dedicated to Human Resources. The Board of Directors appoints Nicole Uhrmeister as Chief Human Resources Officer and Member of the Group Management starting as of November 2023.
The first half of 2023 was very successful for the Lindt & Sprüngli Group. Compared to the previous year, sales grew organically by +10.1% to CHF 2.09 billion (excluding Russia). Operating profit (EBIT) increased to CHF 255.0 million, while the EBIT margin rose to 12.2%. Net income amounted to CHF 204.5 million. The outlook for the financial year 2023 has been revised upwards to reflect sales growth in the range of 7–9% and profit margin expansion of 30–50 basis points.
Ghirardelli Chocolate Company announced it will reopen its second flagship store, the Original Ghirardelli Chocolate & Ice Cream Shop at Ghirardelli Square in San Francisco on Thursday, July 13, 2023. After a six-month renovation of the historic building, the store celebrates Ghirardelli’s history and craftmanship as a U.S. chocolate pioneer and the company’s legacy in San Francisco dating back to the 1850s. The new design features North America’s largest flowing chocolate wall, the original, 19-foot “G” from the marque Ghirardelli sign, a replica San Francisco cable car that doubles as a seating area, antique chocolate making equipment on display, and much more to discover.
The Lindt & Sprüngli Group today published its 13th annual Sustainability Report, highlighting the milestones it reached throughout 2022 to advance its sustainability performance. Key highlights include the expansion of the company's responsible sourcing of cocoa and other key raw materials; the expansion of its cocoa sustainability program, which now includes over 112,000 farmers; the submission of its science-based climate targets for validation; and its strengthened commitment to respecting human rights throughout the supply chain. The report also outlines opportunities and challenges that lie ahead for both the company and the industry.
Lindt & Sprüngli Group’s business model once again proved to be very successful in the financial year 2022. Increasing consumer footfall in our own shops and in travel retail, as well as improvements in the supply chain in North America, were the drivers of increased profitability. This led to Group sales of CHF 4.97 billion and an EBIT margin of 15.0%. The global bestseller Lindor remains the most important product line.
Lindt & Sprüngli achieved a very encouraging organic growth of 10.8% in 2022 which was once again a very challenging financial year. This equates to growth of 8.4% in Swiss francs, meaning that the company almost met the sales threshold of CHF 5 billion. All geographical regions contributed to the growth, in particular the countries in the “Rest of the World” and “North America” regions, which recorded increases of 16.6% and 15.7%, respectively.
Chocoladefabriken Lindt & Sprüngli AG announces the date of the CEO change. As already communicated in March 2022, Dr. Dieter Weisskopf is handing over his position as Group CEO to Dr. Adalbert Lechner. The handover will take place on October 1, 2022. At the same time, the company announces the appointment of the new Group Management member as of September 1, 2022.