Business
Lindt & Sprüngli grows strongly in the first half of 2025 and raises full-year guidance for organic sales growth
Lindt & Sprüngli grows strongly in the first half of 2025 and raises full-year guidance for organic sales
About this update from Chocoladefabriken Lindt & Spruengli Ag
[{"type":"text","content":"\nChocoladefabriken Lindt & Sprüngli AG / Key word(s): Half Year Results\n\nLindt & Sprüngli grows strongly in the first half of 2025 and raises full-year guidance for organic sales growth \n22-Jul-2025 / 07:00 CET/CEST\n\nRelease of an ad hoc announcement pursuant to Art. 53 LR\n\nThe issuer is solely responsible for the content of this announcement.Media Release: Half-year results 2025 | Ad hoc announcement pursuant to Art. 53 LR\"I’m proud of what our teams achieved in the first half of the year. We have shown resilience in \na challenging market environment. Innovations like our Lindt Dubai Style Chocolate aren’t just \nnew products, they’re a reflection of how we connect with our consumers and reinforce our \npremium positioning.\"Adalbert Lechner, Group CEO of Lindt & Sprüngli\n\n Strong financial performance in a volatile market\nIn the first half of 2025, Lindt & Sprüngli achieved organic sales growth of 11.2%, resulting in total sales of CHF 2.35 billion (H1 2024: CHF 2.16 billion, 7%). Sales growth in Swiss Francs was 9.0%. This strong result was positively influenced by necessary price increases of 15.8%. Low price elasticity, especially in Europe led to a moderate Volume/Mix decline of -4.6%. Dynamic performance of core products such as Lindor and Excellence, combined with product innovations like the Lindt Dubai Style Chocolate, drove growth and contributed to the Group’s performance.\n \nEBIT amounted to CHF 259.2 million, with an EBIT margin of 11.0% (H1 2024: CHF 292.3 million and 13.5%, including a one-off effect from a resolved legal dispute).Continued tight cost control, efficiency gains, process optimization and price increases offsetting higher cocoa costs contributed to profitability. The strong performance of the Group in the first half of 2025 resulted in a net income of CHF 188.9 million (H1 2024: CHF 218.0 million). \n\nFree cash flow was CHF -79.7 million (H1 2024: CHF 70.4 million) with a margin of -3.4% (H1 2024: 3.3%) due to the higher valuation of inventories because of the higher cocoa costs. The equity ratio increased to 55.6% (December 31, 2024: 52.8%).Group key figuresAll regions contribute to a successful first half year, especially Europe\nEurope achieved a very strong organic sales growth of ...