Despite volatile cocoa prices, fragile consumer confidence and retail price pressure, positive first-half results posted by Swiss chocolate maker Lindt & Sprüngli point to a high level of resilience at the premium end of the confectionery category.
Austrian confectionery firm Hauswirth is said to be appealing a ruling of a Vienna court this week that it refrain from selling its chocolate bunny figurines as they infringe Swiss confectioner Lindt’s trademark.
This week saw chocolate maker Lindt reporting strong growth across all its main regions and consolidated sales of CHF 2.58bn for its financial year 2010, with an analyst claiming the time is ripe for the firm to capitalise on recovery in consumer sentiment.
Publically listed confectionery company Lindt & Sprüngli remains the most interesting acquisition target in terms of its premium portfolio and its post-recession weakened state, with Asian conglomerate Lotte a potential frontrunner, argues a market...
A trial by chocolate maker Lindt USA to supply cocoa bean shells to a fuel burning facility to produce ‘green’ power is now being implemented officially following approval by the state environmental authorities.
The drop in demand for premium products in Europe impacted sales for Swiss chocolate maker Lindt & Sprüngli last year and the company expects pressure on margins to continue due to higher input costs.
Nestlé claims its confectionery business is large enough to enable it to compete in the global sector even if Kraft Foods takeover bid for Cadbury is successful, and that its sights would be set on seeking smaller acquisitions in emerging markets.
Two court cases have demonstrated confectioners’ dogged protection of their trademarks – one involving Mars’ Maltesters, and the other chocolate rabbits from Lindt.
Strong sales of premium and dark products have led Lindt &
Spruengli to predict that full year revenue for 2007 will hit
CHF 2.95bn (€1.8bn), a 14 per cent increase from the year before.
Swiss premium chocolate maker Lindt & Sprungli has performed
well in the competitive North American market - helping to push
consolidated full year sales for the company 15.1 per cent to
CHF2.586 billion (€1.6bn).
A cool spring and late Easter has contributed to booming business
at Swiss chocolate maker Lindt, who announced it has more than
doubled its profits in the first half.
Key to successful premium chocolate product development is an
understanding of the varying consumer habits, expectations and
behaviour in different countries, according to leading Swiss
premium chocolate manufacturer Lindt &...
Leading premium chocolate manufacturer Lindt & Sprüngli has
reported record first half results on the back of increased demand
for premium products in an otherwise slow-moving European chocolate
market.
Swiss chocolatier Lindt and Sprüngli has announced record sales
figures during 2004, on the back of improved export sales and
burgeoning consumer demand for premium chocolate products in
Western Europe, Tom Armitage reports.
Swiss chocolatier Lindt & Sprüngli has reported its
highest-ever rate of organic growth for 2004, with its focus on
premium products allowing it to buck the general trend towards
reduced consumption of chocolate in favour of healthier...
Swiss chocolate maker Lindt & Sprüngli has revealed strong results that
put organic growth in double figures and gave it its first ever
year with no first-half operating loss. The company said the
results had been particularly...
Premium chocolate maker Lindt & Sprüngli has reported a rise in
sales for 2002 despite tough trading conditions in most of its key
markets - a performance it attributed to a consistent strategy of
expansion and innovation.
