Lindt & Sprüngli increaes sales and profit in the first half of 2023

 

Based on an EBIT of CHF 255.0 mm, the EBIT margin rose to + 12.2%. This resulted in net income of CHF 204.5 m, which corresponds to an increase of 47.8% compared to the first half of the previous year.

According to the company group, the Europe segment achieved a significant organic increase in sales of 8.9% to CHF 1.0 bn in the first half of the year. The German and French markets continued to achieve impressive growth despite price-sensitive consumers and a high like-for-like basis. Italy and the UK even achieved double-digit growth. Things were also particularly positive for Lindt & Sprüngli Switzerland in terms of its domestic business, the export business with distributors as well as the Global Travel Retail business.

The North America segment once again confirmed its strategic focus on this market region, which saw double-digit organic sales growth of 11.2% to CHF 798.1 m. The five companies in North America grew, particularly Lindt & Sprüngli USA, which is defending its position as the leading chocolate company in the premium segment in the world’s largest chocolate market. The markets in the Rest of the World”segment also achieved strong organic growth of 11.1% to CHF 281.7 m. Particular mention should be made of the companies in Japan and Brazil, which posted double-digit growth rates.