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Lindt & Sprüngli achieves robust growth in sales and profits – outlook for 2024 confirmed

The Lindt & Sprüngli Group had once again a successful first half of the year in 2024, increasing sales by +7.0% to CHF 2.16 billion in organic terms. This increase was supported by mid-single-digit price increases in the first half of the year to offset higher cocoa prices, as well as solid volume/mix growth of +0.9%. The Group is confident that it will reach the objectives announced for the full year 2024, with sales growth in the range of 6–8% and an EBIT margin increase expected at the upper end of the 20–40 basis points range. 

Lindt & Sprüngli opens plant extension in Olten, Switzerland

After around three years of construction, Lindt & Sprüngli today opened the plant extension to the Lindt Cocoa Center in Olten, Switzerland. A total of around 100 million Swiss francs was invested in expanding the plant, which produces cocoa mass for several Lindt & Sprüngli production sites in Europe.

Lindt & Sprüngli completes buyback of own shares and participation certificates

Chocoladefabriken Lindt & Sprüngli AG completed its buyback program, which started on August 2, 2022, ahead of schedule on March 18, 2024. In total, 931 registered shares and 86,430 participation certificates were bought back. The total buyback volume aggregated to CHF 997,801,400. The buyback of registered shares and participation certificates of Chocoladefabriken Lindt & Sprüngli AG was executed via second trading lines on SIX Swiss Exchange.

Lindt & Sprüngli with double-digit organic sales growth and a further margin improvement

Lindt & Sprüngli Group’s business model once again proved to be very successful in the financial year 2023, with double-digit organic sales growth for the third consecutive year. Despite a slowdown in the global chocolate market, the Group is able to report a moderate volume/mix growth. Most of the growth is attributable to price increases as a result of higher raw material prices and inflationary pressure on other cost items. This led to Group sales of CHF 5.20 billion and an EBIT margin of 15.6%. The global bestseller Lindor remains the most important product line. 

Change in the Group Management of Lindt & Sprüngli

Chocoladefabriken Lindt & Sprüngli AG announces today that Rolf Fallegger, Member of the Group Management, has decided to retire and will leave the Lindt & Sprüngli Group by the end of June 2024. The Board of Directors appoints Ana Dominguez as his successor as of July 1, 2024.

Lindt & Sprüngli once again reports double-digit organic growth

Lindt & Sprüngli once again achieved double-digit organic sales growth of +10.3% in 2023. In Swiss francs, Group sales increased by +4.6% to CHF 5.20 billion, influenced by the negative currency effect of -5.4%. All regions contributed to the sales growth: Europe, the largest sales market, with strong organic growth of +9.1, North America, the second most important region, with +11.0% and the "Rest of the world" area with 12.9%.

Lindt & Sprüngli announces science-based climate targets

Lindt & Sprüngli has approved near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). The SBTi has verified Lindt & Sprüngli’s net-zero science-based target by 2050. The validated targets signify the Group’s contribution towards achieving the objectives of the Paris Agreement, which aims to restrict the global temperature rise to 1.5°C above pre-industrial levels. With the publication of its targets, Lindt & Sprüngli also shares a high-level roadmap. 

Lindt & Sprüngli announces new Member to the Group Management

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. 

Lindt & Sprüngli increases sales and profit: outlook for 2023 raised

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 announces grand reopening of renovated original chocolate & ice cream shop

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. 

Lindt & Sprüngli Publishes Sustainability Report 2022

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 increases sales and profit

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. 

Showing 12 of 97 results