Chocoladefabriken Lindt & Sprüngli AG reports record sales in 2007 of organic growth amounting to 14% in Swiss francs and 11.8% in local currencies, which represents another year of double-digit growth.
Sales are at CHF 2.946 billion (previous year CH 2.586 billion). The weakness in the US dollar was more than offset by the strong euro. This excellent result led to further increases in market share in all markets and segments relevant to Lindt & Sprüngli.
The world economy continued to develop encouragingly in 2007, which had a positive impact on consumer sentiment. Nonetheless, the chocolate segment remained stiffly competitive, while pro capita chocolate consumption in general - particularly in the important markets of Western Europe and the USA - stagnated, and the total value of the markets showed minimal growth.
Against this backdrop of ever-stiffer competition LINDT's clear positioning in the premium segment enabled it to remain distanced from this and at the same time to strengthen its image. In the growing markets of Eastern Europe and Asia, the Group is continuously developing its presence.
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