Lindt & Sprüngli reaps benefits from American market | RetailDetail

Lindt & Sprüngli reaps benefits from American market

Lindt & Sprüngli reaps benefits from American market

Swiss chocolate maker Lindt & Sprüngli has presented positive numbers for its first half of 2015, mainly thanks to the acquisition of the American Russell Stover Candies company.

Just below the forecast

Lindt & Sprüngli's total turnover reached 1.409 billion Swiss francs (1.35 billion euro) for the first 6 months of 2015, which is a 17.4 % turnover increase. That is just below analyst expectations, who had predicted an 18.5 % turnover increase to 1.422 billion Swiss francs (1.37 billion euro).

 

On a like-for-like basis, Lindt & Sprüngli's turnover grew 9.4 % and it is predicting a 6 to 8 % overall like-for-like turnover growth for this year.

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