Lindt & Sprüngli products will be more expensive
The Swiss chocolate manufacturer Lindt & Sprüngli announced that it closed 2022 with a pre-tax profit of 569.7 million francs (217 billion forints), which represents an increase of 16.1 percent compared to the previous year. This exceeded analysts’ expectations of 566 million francs. The company announced back in January that it managed to achieve an organic sales increase of 8.4 percent last year, Reuters reported.
They added that, like last year, they will probably raise their prices this year as well. Then they increased the price level of their products by 4 percent. The price increase was justified by high raw material costs and energy prices.
They confirmed their previous information that they expect organic revenue growth of 6-8 percent by 2023. Based on their performance last year, they can pay a dividend of 1,300 francs (almost HUF 500,000) per share, after 1,200 francs in 2021. By the way, Lindt & Sprüngli announced last August that it was leaving the Russian market.
Related news
The World of Gastronomy Once Again Turns Its Eyes to chocoMe – Ten New Awards at the 2025 Great Taste Awards
Hungarian craft chocolate brand chocoMe has once again made its…
Read more >Trump’s new tariff strategy could redraw the global map of coffee and cocoa trade
Tropical agricultural products such as coffee and cocoa may be…
Read more >Flore Confectionery made its debut with a gold medal at the international chocolate competition
Just eight months after its launch, Hungarian Flore Confectionery has…
Read more >Related news
We can also taste the most delicious Hungarian dishes of the Carpathian Basin on St. Stephen’s Day
The gastronomic center of this year’s St. Stephen’s Day promises…
Read more >Palm oil crisis could lead to global food price hikes
The world’s largest palm oil exporters, Indonesia and Malaysia, could…
Read more >Duty-free Canaan is over: Trump’s global restrictions are disrupting e-commerce
Donald Trump has suspended duty-free international packages worth less than…
Read more >