Financial results
US subsidies help boost organic sales for Lindt
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
