Lindt & Spruengli posts 2024 sales slightly below expectations By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2025
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Should l Buy ?
Source: Investing.com
Sales Performance: Lindt & Spruengli reported a 7.8% organic sales growth in 2024, totaling 5.47 billion Swiss francs, slightly below market expectations due to high cocoa prices and weakened consumer sentiment.
Future Projections: The company anticipates an operating profit margin of at least 16% for 2024 and forecasts organic growth of 7% to 9% for 2025, while facing significant cost pressures from rising cocoa prices.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
