FDBusiness.com

Lindt & Sprüngli Outperforms Chocolate Market

 Breaking News
  • Royal Unibrew Completes Acquisition of French Lemonade Business Royal Unibrew, the Denmark-based beverages group, has completed the acquisition of Etablissements Geyer Fréres for an enterprise value of DKr660 million (€88.5 million) financed by bank debt. The acquisition of Etablissements Geyer Fréres will give Royal Unibrew increased access to the French soft drinks market and will further strengthen its export portfolio. Employing about 100 [...]...
  • Private Label Outperforms FMCG Brands in Europe Private label continues to grow across Europe and is now outperforming brands in the majority of markets measured by big data and technology expert for consumer FMCG industries, IRI in its analysis of private label performance across eight major Western economies markets (UK, France, Germany, Greece, Italy, Spain, Netherlands and the US) during 2017. Growing +4% year on [...]...
  • Meat & Poultry – Future-proof For Success The meat market remains fast-moving and competitive. As part of this processors and retailers are always looking for a point of differentiation. As well as new product development, this can mean new pack formats. Convenience remains a major driver here but this has to be matched by the ability to maintain product quality and freshness [...]...
  • Ready Meals – Not Ready For the Future New research (1) published by Eating Better, a powerful alliance of more than 50 organisations, shows that supermarkets need to shake up their ready meal ranges. They are not catering for the growing number of flexitarian customers who are cutting back on their meat eating for their health and the health of the planet (2). [...]...
  • Top 100 Largest Spirits Brands Revealed The world’s most popular alcoholic drink in 2017 was the South Korean soju brand Jinro, owned by Hite-Jinro, according to the IWSR Real 100, the definitive ranking of the world’s largest spirits brands by volume. Selling almost 76m nine-litre cases, Jinro retains its number one position from last year, and once again by a staggering [...]...

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

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements