Lindt & Spruengli Adjusts Sales Expectations Amid Rising Cocoa Costs

Reported about 16 hours ago

Lindt & Spruengli reported 7.8% organic growth in 2024, slightly below expectations, while forecasting further growth for 2025 through increased prices to offset soaring cocoa costs. The company anticipates sales of 5.47 billion Swiss francs for 2024 and expects organic sales growth of 7% to 9% in 2025, buoyed by strong demand despite higher prices. Analysts believe Lindt is well-positioned to navigate the challenges in the chocolate industry ahead.

Source: YAHOO

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