Ritter Sport gains market share in all important countries

With total revenues last year of € 538 m, Alfred Ritter GmbH & Co. KG, Waldenbuch, Germany, set a new benchmark.
Following earnings of € 470 m in 2020 and € 505 m in 2021, this represents an uninterrupted continuation of the family-owned-&-operated company‘s successful ­development.

In light of the major challenges in the supply chain and with raw materials and energy costs, Executive Management spokesperson Andreas Ronken expressed the company‘s overall satisfaction with the result and the business progress in its difficult domestic and foreign ­markets. Revenues in Germany remained at the previous level of € 230 m.

Ronken also cited strong growth in the company‘s ­strategic foreign markets. The Ritter Sport export share has reached almost 58%, and plans are that it should be expanded further. “Aside from Russia, we gained ­market share in all of the foreign markets that are important for us, including Austria, Italy, Great Britain, Sweden, Denmark, and the USA,” he explained. The chocolate manufacturer continues to do business in Russia, although it is con­ducting no advertising there and it registered a decline of 10% there in 2022.

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