Chocoladefabriken Lindt & Sprüngli AG
Sales Report 2006: New record year for Lindt & Sprüngli
- New record year for Lindt & Sprüngli
- Group sales pass CHF 2.5 billion mark
- Growth in Swiss francs: 15.1%, in local currencies 13.7%
- Increased market shares in all countries and segments
The world economy recovered noticeably in the course of 2006 and consumer sentiment improved in most countries and in certain sectors, particularly towards the end of the year. Per capita chocolate consumption in the important European and North American markets remained more or less static while sales growth in terms of value in the highly competitive chocolate market was only slight. Apart from this, chocolate consumption in many countries was depressed by the early, hot summer. Despite the rather negative environment, Lindt & Sprüngli still managed to outperform the overall market significantly everywhere, strengthening its position accordingly. Group companies posted major successes with seasonal products, especially during the important Easter and Christmas periods, as well as with its main product categories, ‘tablets’ and ‘Lindor’. In all European markets, the increase in sales was way above overall market growth. Several European companies reported double-digit increases in sales. The outstanding developments in the duty free and export sectors likewise made a major contribution towards the Swiss company’s operational success. The Group’s North American subsidiaries Lindt & Sprüngli and Ghirardelli in the USA, as well as Canada and Mexico, also posted high double-digit growth. Lindt & Sprüngli reported equally good results in its remaining overseas markets.
This extremely satisfying development is a further confirmation for the Group Management that the company’s worldwide pursuit of its years ago declared strategy is guaranteeing sustainable success. The focus on the company’s core competences, such as its expertise and internal control of every step of the chocolate manufacturing process, beginning with the selection of raw materials and ending with the finished product, in tandem with the company’s impressive innovation pace and marketing know-how as well as the exclusive position in the premium chocolate segment, are crucial pillars of the management philosophy.
As in previous years, Lindt & Sprüngli expects that the percentage increase in EBIT and net income will be even higher than the growth in sales. The complete financial statements will be published on 20 March 2007.
Press Conference: Tuesday, 20 March 2007 (10 a.m.) in Kilchberg/ZH
DGAP 23.01.2007
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Language: English
Issuer: Chocoladefabriken Lindt & Sprüngli AG
Seestrasse 204
8802 Kilchberg Schweiz
Phone: + 41 44 716 25 37
Fax: + 41 44 716 26 60
E-mail: cweber@lindt.com
WWW: www.lindt.com
ISIN: CH0010570759, CH0010570767
WKN: 1057075, 1057076
Indices:
Listed: SWX
End of News DGAP News-Service
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