People are eating more chocolate – at least the ones from Lindt & Sprüngli. The Swiss chocolate manufacturer earns around 16 percent more than in the previous year.
The Swiss chocolate manufacturer Lindt & Sprüngli has done good business with the normalization of social life after the corona restrictions. Net profit rose last year by 16.1 percent to 569.7 million francs (around 573 million euros), as the company in Kilchberg near Zurich announced. As announced in January, sales last year were CHF 4.97 billion (around EUR 5 billion), which corresponds to an organic increase of 10.8 percent compared to the previous year.
Together with France, Great Britain, Italy and Switzerland, Germany is still one of the core markets “with good growth on a high basis”, as the more than 175-year-old traditional company announced. In Europe, sales amounted to 2.30 billion Swiss francs. This corresponds to organic growth of 5.3 percent.
The shareholders, whose shares are among the most expensive in the world at a market value of CHF 102,000 each, will receive a dividend of CHF 1,300 per share. In the current year, the company with around 14,000 employees is aiming for sales growth of six to eight percent, even if the general conditions are characterized by high inflation and high volatility, as it was said.
Source: Stern
