
Lindt Chocolate To Raise Prices Again This Year
Zurich: Swiss chocolate maker Lindt & Spruengli announced Tuesday that it would raise prices again in 2025 after strong sales last year showed that increases had not cut the appetite of consumers.
The group had already hiked prices by "mid-single" digits last year to offset the rising costs of cocoa.
"The cocoa market was volatile in the reporting year, with cocoa prices remaining at a historic high by the end of 2024," Lindt said in a statement.
"Offsetting the high cocoa costs forced the Group to adjust its pricing, which will be further required in 2025."
The company posted organic sales growth -- which excludes currency fluctuations and acquisitions -- of 7.8 percent in 2024 to 5.47 billion Swiss francs ($6 billion).
It was higher than the 5.45 billion francs expected by analysts surveyed by Swiss business news agency AWP.
Cocoa prices soared 161 percent last year, reaching $10,100 per tonne in mid-December before easing to $9,165 at the end of 2024.
Lindt said it expects organic growth of seven to nine percent in 2025 and an improved operating profit margin.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment