Lindt & Spruengli

Lindt Sees Further Growth For 2025 As Price Hikes Combat High Cocoa Costs

Lindt lifted 2024 margin estimates and forecast sales growth for 2025 after results indicated enduring popularity despite price hikes.

Nestlé may flag more price hikes when it reports first-half earnings on Thursday, making its brands more expensive by Christmas.

Lindt posted first-half organic sales of 2.16 billion Swiss francs, in line with expectations, and announced a share buyback programme.

Aryzta has announced the appointment of Michael Schai as chief executive officer of the company, effective from 1 January 2025.

Barry Callebaut shares fell after the chocolate maker announced that quarterly sales volumes had declined as cocoa prices boosted costs.

Lindt & Spruengli has reported a rise in annual profit thanks to price hikes offsetting increased production costs.

Nestlé is buying a majority stake in Brazilian premium chocolate maker Grupo CRM.

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