Lindt & Sprungli
Lindt & Sprungli, the upmarket Swiss chocolate group, today (19 August) underlined why it is a business seen as one of the better performers...
Lindt & Sprungli's acquisition of US confectioner Russell Stover Candies has come as a surprise to analysts. It is the Swiss group's first p...
Lindt & Sprungli has often been touted as a potential takeover target for Nestle. However, Stefan Kirk of M&A advisors Glenboden argues the...
Lindt & Sprungli's first-half organic sales, announced today (21 August), failed to meet analyst expectations, as a poor economic outlook in...
Lindt & Sprungli has just expanded its cocoa farmer programme in Ghana which will see the company give support to some 45,000 farmers between now and 2016. Sustainability manager Piera Waibel spoke with Ben Cooper about what the company is doing in Ghana and why it has decided not to have any of its brands certified under schemes such as Fairtrade.
Lindt & Sprüngli booked strong first-half revenue growth this morning (20 August), driven by a category-beating sales performance in Europe and North America. The Swiss chocolate maker said it is gaining market share in the face of ongoing economic challenges and a constrained consumer environment. CEO Ernst Tanner spoke to Katy Askew about how the company is convincing consumers to trade up - and why he sees cause for optimism in developed markets for the remainder of the year.
This week, the EU announced more measures to help out dairy farmers hit by the Russia ban. Chiquita and Fyffes insisted again a merger between the two would be the best outcome for shareholders. Our latest just-food interview saw us discuss Agropur's M&A strategy with the Canadian dairy co-op's CEO, while we chatted to Scandinavian free-from firm Fria about its expansion across Europe.
Lindt & Sprungli's US unit Ghirardelli has agreed to pay US$5.25m into a fund to settle claims brought against it in a class action lawsuit.
This week, Russia eased off on its Western import ban, announcing a list of products it would allow into the country. Elsewhere, the takeover battle for Chiquita Brands International took a new twist when juice maker Cutrale Group called on the produce giant's shareholders to vote against its planned merger with Fyffes. Meanwhile, German food giant Dr Oetker struck a deal to buy McCain Foods' North American pizza business.
Russia's food embargo still stands but this week it eased the ban to allow in some agricultural commodities to bolster its food production. The Chiquita takeover saga continued with bidders Cutrale Group and Safra Group appealing to the produce group's shareholders to vote against its merger with Fyffes. Elsewhere, we analysed the performance and outlook for Lindt & Sprungli and Hain Celestial, two companies enjoying robust growth.
Lindt & Sprungli CFO Dr Dieter Weisskopf said today (19 August) the chocolate maker will try again to push up prices next year amid continued pressure on raw material costs.
It's a public holiday in the UK today (26 August) - thankfully the sun is just breaking through here in south London to help us bask in our Ashes victory - and, while we take a day's break, here are some of last week's top interviews, comment and analysis in case you missed them.
- Focus: The impact of Heinz's stevia ketchup
- Focus: Gen Mills turns to M&A to bolster US ops
- Viewpoint: US health food in play - at a price
- Comment: Kingsmill "youth" appeal bodes well
- DATA: The just-food international basket - Q2 2014
- Burton's "eyeing" United Biscuits merger
- Glanbia to buy US sports nutrition firm Isopure
- Premier Foods revamp creates three divisions
- Unilever to boost presence in Nigeria
- Court backs Ritter in latest vanilla flavour case