Swiss premium chocolate maker Lindt & Spruengli said it is aiming for 6-8% organic sales growth this year after the pandemic hits key areas of its business with net profit falling 37.5% to 320.1 million Swiss francs ($349.53 million) in 2020.
Despite coconut oil being just a minor ingredient in some of Lindt & Sprüngli’s products, a raw material risk assessment highlighting sustainability challenges has prompted the chocolate maker to act.
Lindt & Sprüngli has announced it is going ahead with the opening of its Lindt Home of Chocolate on 13 September at the company’s historic headquarters in Kilchberg, Switzerland.
Brands struggle to keep up with online demand as supermarkets lift restrictions but stock less confectionery as retailers focus on supplying staple items since the coronavirus outbreak.
Beginning today (Monday April 6), US candymaker Russell Stover is embracing the spirit of the Easter holiday’s beloved backyard hunts with the launch of The Great Bunny Hunt on Instagram to bring loved ones closer during the coronavirus lockdown.
Swiss chocolate maker Lindt & Spruengli said its original goal to grow organic sales by 5-7% in the next financial year is no longer valid, due to the potential affect of the coronavirus epidemic on sales.
In the financial year 2019, Lindt & Sprüngli achieved 'very solid sales growth, gained substantial market shares and once again grew faster than the overall chocolate market'.
Swiss chocolatier and confectionery company Lindt & Sprüngli has announced that the Board of Directors has appointed Dr Jennifer Picenoni to join its Group Management as of January 2020, where her main roles will be group general counsel and corporate...
Nestlé, Mars, Hershey and Lindt earned C-level ratings in the organization’s chocolate scorecard, while Mondelēz and Godiva fared worse. Smaller players including Alter Eco, Endangered Species, Theo and Tony’s Chocolonely again received top marks in the...
The Swiss chocolate maker is banking on consumer interest in the health benefits of dark chocolate with the taste of creamy milk bars in three varieties, now available in the UK.
Summary: Lindt & Sprüngli Group anticipates continued organic growth of 5-7% for the full financial year. It also expects the operating profit margin (EBIT) to improve by 20-40 basis points in the full year, in line with the mid- to long-term target...
Not all snacks are equal, according to Jaren Koerten, head of packaged food at Euromonitor: some have attained premium status, while others are ‘in the process’ of premiumization.
Global environmental campaign organization set up to protect forests, conserve oceans, and address climate change publishes its annual report card on chocolate companies. ICCO pledges more dialogue with EU on deforestation.
