Financial results

US subsidies help boost organic sales for Lindt

By Anthony Myers

- Last updated on GMT

Pic: Lindt & Spruengli
Pic: Lindt & Spruengli

Related tags Lindt & sprüngli Chocolate Cocoa financial results

Strong international sales, particularly in the North American market, helped organic sales grow by 8.4% in 2022, according to the latest financial results released by Lindt & Spruengli.

The luxury Swiss chocolate maker said overall sales rose to 4.97 billion Swiss francs ($5.30 billion) in 2022.

In its media release for Sales Results 2022, the Zurich-based company said last year was once again a very challenging financial year, claiming it almost met the sales threshold of CHF 5 billion.

All geographical regions contributed to the growth, in particular the countries in the ‘Rest of the World’ and ‘North America’ regions, which recorded increases of 16.6% and 15.7%, respectively

The Lindor balls maker backed its sales growth forecast for this year, despite expecting inflation to pose a challenge, and said it was "confident​" of achieving an operating margin of 15% for 2022.

Lindt results snapshot

  • Strong organic growth of +10.8% to CHF 4.97 billion
  • Double-digit growth of +15.7% in North America to over CHF 2.0 billion
  • All three US subsidiaries – Lindt, Ghirardelli and Russell Stover – record double-digit growth
  • 'Rest of the World' region confirms major potential with growth rate of +16.6%
  • Global Retail maintains its high growth rate online and offline

Related topics Manufacturers Chocolate Lindt Premium

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