on Chocoladefabriken Lindt & Sprüngli AG (ETR:LSPN)
Lindt & Sprüngli Reports Strong Growth in H1 2025
Chocoladefabriken Lindt & Sprüngli AG has reported significant organic sales growth of 11.2% in the first half of 2025, achieving total sales of CHF 2.35 billion. This performance came amidst a volatile market, bolstered by necessary price hikes and a low price elasticity in Europe. The introduction of new products, such as the Lindt Dubai Style Chocolate, contributed notably to the company's success.
The EBIT for the period reached CHF 259.2 million, with a margin of 11.0%. Despite higher cocoa costs, tight cost control and increased efficiency preserved profitability. However, free cash flow faced a deficit due to inventory valuation influenced by cocoa prices.
Growth was driven across all regions, especially Europe, which saw a 17.7% rise. North America and the Rest of the World also contributed, albeit at varying rates. Lindt's retail segment showed strong advancement, with a 22.1% increase and the opening of new stores.
Lindt & Sprüngli raised its full-year guidance for organic sales growth, now expecting a 9–11% increase, attributing this to ongoing brand strength and premium positioning.
R. E.
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