SWITZERLAND: Lindt & Spruengli confirms 2005 outlook – report
Swiss chocolate maker Lindt & Spruengli has made a good start to the business year and has confirmed its outlook for 2005, the company’s CEO said in a local press interview.
Swiss chocolate maker Lindt & Spruengli has made a good start to the business year and has confirmed its outlook for 2005, the company’s CEO said in a local press interview.
“Business has been within our expectation in the past months so that we should have sales for the year … at the upper end of the strategic goal of 5-7% sales growth,” chief executive Ernst Tanner was quoted by Reuters as telling the Finanz & Wirtschaft newspaper.
He also confirmed the company’s long-term target of growth in earnings before interest and tax of 8-10% each year.
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