Lindt & Sprüngli today (24 August) revealed an increase in first-half profits, boosted by increased volumes and innovation.
For the six months to the end of June, the company earned CHF24.8m (US$23.8m) compared to a profit of CHF2.7m last year.
Go deeper with GlobalData
The growth, Lindt said, was primarily fuelled by increased volumes and improvements of product mixes as well as the launch of innovative products.
Operating profit stood at CHF33.9m, representing an increase of 40.7% on the prior year period as a result of streamlining measures across all areas of the business.
Sales climbed 7.9% to reach CHF1.06bn.
The firm said it expects organic growth in sales for the full year of 5% to 7%, and an EBIT of CHF300m to CHF340m.
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.
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
