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.
Despite the challenging market environment in 2018, Lindt & Sprüngli Group continued its solid growth path and further extended its leading position in the premium chocolate market, it said as it released its end-of-year financial results.
Swiss premium chocolate maker Lindt & Sprungli reported a 5% increase in organic sales, despite a 'challenging' environment in Europe and North America.
Premium chocolate maker Lindt has posted a 7.7% sales growth for its half-year 2018, reaching CHF 1.67bn ($1.68bn), while its organic growth increased by 5.1%.
Lindt is heading to the Tax Free World Association (TFWA) Asia Pacific Exhibition & Conference 2018 in Singapore this week with a range of customized chocolates for Asian travelers.
Mintel says mass produced chocolate brands such as Mars and Hershey are losing market share to imported premium chocolate brands in China primarily due to lack of innovation.
A California Superior Court judge has approved a settlement resolving claims over whether certain levels of lead and cadmium in chocolate require warning labels under California’s Prop 65 law.
