All news articles for August 2022

Clif Bars have become popular with cyclists and other hi-energy sports enthusiasts. Pic: GettyImages/kali9

Mondelēz finalises Clif Bar bolt-on

By Gill Hyslop

Mondelēz International has completed the acquisition of Clif Bar & Company, augmenting its position as a $1 billion global snack bar player.

Customers are willing to pay more for its premium chocolate, Lindt said in a statement. Pic: Lindt & Spruengli

Financial results

Lindt & Spruengli raises guidance after jump in profits

By Anthony Myers

Swiss chocolate maker has made a first-half net profit jump of 36% to 138.4 million francs and said it now expects 2022 organic sales growth of 8-10% with an operating margin of approximately 15%.

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