FDBusiness.com

Lindt & Sprüngli Outperforms Chocolate Market

 Breaking News
  • Brexit Deal Vital to Protecting Irish All-island Supply Chains Food Drink Ireland (FDI), the Ibec group that represents the food industry, has said the full implementation of the December Brexit deal was vital to protect complex all-island supply chains. The deal now needs to be put into a binding legal contract, there can be no black-sliding on clearly agreed commitments. At the launch of [...]...
  • GEA Cooling Systems For Pork Production in Russia At the end of last year, the pig slaughter and processing entity Agroeco-Yug signed a contract with the technology group GEA for the supply, installation and commissioning of an extensive cooling system. This plant will be built in the Voronezh region and will be one of Russia’s largest businesses for the slaughter and processing of [...]...
  • Modulfill Bloc FS-C Filler-seamer Block – Krones’ First Block Solution For Cans Premiered This is definitely something new – for the first time, beverage producers can buy, from Krones, an all-in-one solution for filling and seaming cans. This block is packed full of Krones’ knowledge coupled with state-of-the-art technology. Modulfill VFS-C Filler The Modulfill VFS-C is a volumetric can filler, suitable for both small and large output ranges. Depending on [...]...
  • The Best and Worst UK Supermarkets Aldi is the UK’s favourite supermarket for 2018, according to exclusive Which? research. The budget retailer has knocked Waitrose from the top spot, which it held for three years. Sainsbury’s finished in last position, with the least-satisfied in-store customers overall. Asda, Morrisons and Tesco, the other three largest supermarkets, complete the bottom half of the rankings. The [...]...
  • Branded Sales Outpace Own Label For First Time Since 2014 as Irish Shoppers Show Their Loyal Side The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 28 January 2018, show continued growth for Irish supermarkets with branded goods leading the way. David Berry, director at Kantar Worldpanel, comments: “The recovery of branded sales began in late 2017 and has continued apace in the new year. Sales [...]...

Lindt & Sprüngli Outperforms Chocolate Market

Lindt & Sprüngli Outperforms Chocolate Market
March 19
13:12 2013

Despite the challenging underlying economic conditions and increasingly subdued consumer sentiment in some countries, Swiss confectionery group Lindt & Sprüngli has succeeded once again in achieving a substantial increase in its sales, operating profit and net profit, outperforming the trend in all its markets. Group sales rose by 7.3% to SFr2.67 billion (organic growth: 6.8%) and operating profit increased by 10.3% to SFr362.5 million (Eur296 million) with the EBIT margin improving by 40 basis points to 13.6%.

In predominantly flat or slightly declining chocolate markets, all subsidiary companies performed distinctly better than the general market trend, with the exception of Italy and Spain which are particularly hard hit by the present crisis, and won corresponding new market shares. In the shrunken Swiss domestic market, Lindt achieved well above average growth of 2.3%, while exports and the travel retail business were hampered by the continuing strength of the Swiss franc.

For the 2013 financial year, Lindt & Sprüngli is adhering to its long-term objectives with a view to organic growth of 6% to 8% and an increase in its operating profit margin by 20 to 40 basis points.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • February 18, 2018Vinisud
  • February 25, 2018fish international
  • February 27, 2018Int'l Food Fair
  • February 27, 2018Warsaw Gastro Show
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements