Higher prices squeeze Lindt chocolate demand as price hikes nibble away.
Lindt & Sprungli Faces Rising Cocoa Costs but Keeps Sales Strong
Lindt & Sprungli, the Swiss churning maker of Lindor delights and gilded Easter bunnies, raised its 2025 sales target after record‑high cocoa prices nudged customers to pay more. The premium chocolate producer applied a 15.8 % price hike, yet consumers remained loyal and revenue climbed by nine percent to 2.4 billion Swiss francs ($3.0 billion).
- Cocoa cost surge pushed the 15.8 % price increase as the company tried to absorb record‑high raw material costs.
- Volume decline of 4.6 % was offset by the price lift, resulting in a net revenue gain.
- Excluding currency shifts, sales grew 11.2 % thanks to product innovation and cost‑cutting measures.
- Net profit fell 13.3 % to 189 million Swiss francs in the first half of the year, reflecting the ongoing price pressure.
- Board outlook raised the organic growth target to 9–11 % from the previous 7–9 % estimate.
Chief executive Adalbert Lechner stated, “We have shown resilience in a challenging market environment,” highlighting the company’s strategic efforts to balance cocoa cost increases with consumer demand.
