Lindt Grows In First Half Of 2013
August 21, 2013
Kilchberg, Switzerland — Lindt & Sprungli AG’s sales were up 9.6 percent to $1.23 billion in the first half of 2013 with 12.7 percent organic sales growth in North America. Operating profit increased 42 percent from the first half of 2012 to $65.5 million.</p>
"In North America, Lindt is developing significantly faster than the overall chocolate market and makes a substantial contribution to its growth," Chairman and CEO Ernst Tanner says. "The global economy reported a slight improvement which had a positive impact on consumer sentiment in many countries. In parallel, the pressure of some foreign currencies on the Swiss franc decreased somewhat and for the first time in several years the euro gained some strength again."
Sales totaled $327.78 million in North America, led by the Lindor and Excellence brands and Ghirardelli Squares, Lindt reports. In Europe, the company grew its sales 5.8 percent organically. Lindt reaffirms its full-year outlook of six to eight percent growth.
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