Swiss chocolate producer Lindt & Sprüngli missed its full-year revenue forecast today (20 January) despite posting a 5.8% rise in annual sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The maker of Lindor, Excellence and Ghirardelli chocolate, reported a 5.8% increase in sales in local currencies to CHF2.94bn (US$2.59bn), but missed sales expectations and its own sales growth target.


The group had been targeting organic growth of 8-10%.


Lindt said the weakness of the euro, pound and dollar had eroded revenues outside its home market.


“The worldwide uncertainty prevailing in 2009 will probably be more challenging than at any other time in history,” the company said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Despite this, Lindt said the results are “encouraging”. Double-digit growth was achieved in overseas export markets, in Canada, and in northern and Eastern Europe, namely Scandinavia, Russia, Poland and Austria.


For fiscal year 2008, and as communicated in its long-term targets, Lindt expects to achieve a 20 to 40 base points improvement in EBIT margin.