Lindt & Sprungli

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Covid-19 food industry updates – Tuesday 11 August (free to read)

11 Aug 2020

just-food is providing daily updates on how the Covid-19 pandemic is affecting the world's packaged food sector.

Lindt & Sprungli warns annual sales will be down on previous year

21 Jul 2020

Chocolate maker Lindt & Sprüngli has warned organic sales for the year will be down on last year due to the impact from the coronavirus pandemic.

New products – Kalahari branches out into beef crisps; Lactalis adds to hot-cheese push; Lindt vegan chocolate; Conagra's multiple product launches

10 Jul 2020

This week's new product offerings include a vegan chocolate range from Lindt and a plant-based push from Spanish meat major Noel Alimentaria.

Lindt & Sprungli abandons 2020 targets in light of Covid-19

31 Mar 2020

Swiss chocolate manufacturer Lindt & Sprüngli has made an announcement with regard to its 2020 financial targets as a result of the coronavirus outbreak.

Lindt reveals closure of US factory, stores

15 Jan 2020

Lindt & Sprüngli has announced cost-saving measures in the US as the Swiss chocolate manufacturer looks for faster growth in one of its most important markets.

Lindt & Sprungli responds to campaign groups' criticism over deforestation commitments

9 Nov 2018

Lindt & Sprüngli has responded to criticism by campaign groups over the Swiss chocolate maker's deforestation commitments.

Earnings summary - Bel Group sales hurt by regional turmoil; Ter Beke FY sales, profits surge on acquisition splurge; Del Monte Pacific books nine-month loss on one-off expenses; Calavo Growers' Q1s move ahead

9 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Chocolate maker Lindt & Sprungli invests in plant expansion

1 Feb 2018

Swiss chocolate maker Lindt & Sprüngli is investing CHF30m (US32.3m) to expand a plant in its home market.

Earnings summary - ABF sees FY grocery margin improvement; Bakkavor expects 4.6% uptick in revenues; HKScan predicts EBIT loss

18 Jan 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Lindt & Sprungli shares sour amid US struggles

25 Jul 2017

Shares in Lindt & Sprungli slid this morning (25 July) despite higher first-half profits from the Switzerland-based chocolate maker, after the Lindor owner's sales missed analyst estimates and the company cut its forecast for annual revenue.

Candy firms pledge US changes on calories, labels

12 May 2017

Confectioners operating in the US, including Nestle, Mars and Ferrero have announced a series of pledges in areas including pack sizes, calories and labelling.

Lindt & Sprungli's Uwe Sommer 'to become Muller CEO'

15 Mar 2017

Lindt & Sprüngli executive Uwe Sommer is reportedly set to become the CEO of German dairy group Müller after he steps down from his current post next month.

Lindt & Sprungli expands margins as sales rise

7 Mar 2017

Lindt & Sprüngli reported an increase in earnings today (7 March) that outpaced sales growth as the group expanded its margins over 2016. 

Lindt sees FY sales acceleration on strong Europe performance 

17 Jan 2017

Swiss chocolate group Lindt & Sprüngli revealed today (17 January) its sales accelerated in the second half of 2016, enabling it to deliver a 6.8% increase in revenue. 

DKSH buys majority stake in Chinese e-commerce firm ESweets

6 Sep 2016

DKSH, the Asian sales and marketing agency, has snapped up a majority stake in Chinese e-commerce distributor Shanghai Sweets International.

Ghirardelli's Martin Hug named Lindt & Sprungli group CFO

31 Aug 2016

Swiss chocolate maker Lindt & Sprungli has announced Martin Hug, the CFO of its US unit Ghirardelli, will become group chief financial officer from January.

Lindt organic sales miss market expectations

22 Jul 2016

Swiss chocolate group Lindt & Sprüngli said this morning (22 July) that it "continues to outperform the overall chocolate market" but organic sales growth missed market expectations. 

Ferrero in safety pledge over mineral oils in packaging

18 Jul 2016

Italian confectionery company Ferrero has reassured consumers of the safety of its products following the discovery in Germany of mineral oils in the packaging of chocolate products from Ferrero and other chocolate companies.

Lindt opens new facility in Australia 

8 Jul 2016

Strong growth in the Australian market has prompted Swiss chocolate maker Lindt & Sprungli   to open a A$60m (US$45m) purpose built facility in Marsden Park in Sydney.

How could change at the top impact Lindt & Sprungli?

7 Jun 2016

Swiss chocolate group Lindt & Sprüngli has been on something of a roll in recent years. The company has consistently grown its sales ahead of the wider chocolate market. It should come as little surprise then that in announcing chief executive Ernst Tanner is stepping down, the Lindor maker stressed "continuity" in naming financial chief Dr Dieter Weisskopf his successor.

Lindt CFO Dieter Weisskopf set to become chief executive 

6 Jun 2016

Swiss chocolate maker Lindt & Sprüngli has announced president and CEO Ernst Tanner is to be replaced by chief financial officer Dr Dieter Weisskopf. 

Lindt's Russell Stover launches "snacking" line

26 May 2016

Lindt & Sprungli-owned US confectioner Russell Stover has launched its first "snacking" product.

How can confectioners in France and Germany win over millennials?

14 Apr 2016

Confectionery is a mature, slow-growth category in much of western Europe but manufacturers could eke out opportunities for expansion by harnessing the rise of the millennial consumer. Christophe Knoke, senior director at IRI Germany, investigates.

US candy companies sign kids advertising pledge aimed at SMEs

17 Mar 2016

Six confectioners, including Jelly Belly and Lindt & Sprungli's Ghirardelli, have pledged not to advertise confectionery to children in the US. 

Lindt aims to be "world's leading" chocolate retailer 

8 Mar 2016

Lindt & Sprüngli is stepping up investment in its retail network, with the aim of becoming the "world's leading retailer of premium chocolate" by 2020.

Lindt launches fruit-centred chocolate range in France

11 Feb 2016

Lindt & Sprungli has announced the launch of a fruit-centred chocolate range in France.

Food industry news of the week - Metcalfe's Skinny, Hain Celestial, Ornua

15 Jan 2016

Diamond Foods, itself set to be sold to US snacks group Snyder's-Lance, this week took a stake in UK popcorn maker Metcalfe's Skinny. Our M&A pages featured a number of deals, including the move for Chinese dairy group Ambrosia by Irish co-op Ornua. At the ICR investment conference in Florida, the new owner of Green Giant, B&G Foods, said it was interested in more acquisitions in the frozen food sector, while Hain Celestial told delegates it could withstand greater competition in the US natural and organic sectors.

Food industry quotes of the week - pressure on Hain Celestial, Chobani ad spat, Ornua's China move

15 Jan 2016

US group Hain Celestial this week cut its forecasts for annual sales and earnings amid pressure on its domestic business. The company's management also presented at the ICR investment conference, where it sought to be upbeat about Hain's prospects. Staying in the US, Danone warned it could pursue legal action over Chobani's "misleading and deceptive marketing" which targeted its Light & Fit brand. Elsewhere, Irish dairy co-op Ornua announced the acquisition of Chinese group Ambrosia. And we analysed General Mills' recent acquisitions of Brazilian yoghurt maker Carolina and US meat snacks firm Epic Provisions. Here is the week in quotes.

Lindt & Sprungli continues sales march in 2015

14 Jan 2016

Swiss chocolate maker Lindt & Sprüngli continued to grow its business ahead of the global chocolate market in 2015, supported by both organic growth and the contribution from acquisitions. 

Lindt shrugs off higher costs as profits rise

18 Aug 2015

Lindt & Sprüngli booked a jump in profit for the first half as higher sales and market share gains enabled the Swiss chocolate maker to shrug off rising input costs and the negative impact of currency exchange.





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