SHERIDAN, WYOMING – Feb. 9, 2025 – The Lindt & Sprüngli Group reported strong organic growth of 7.8% in 2024, with group sales reaching CHF 5.47 billion. This success comes despite a challenging year marked by record-high cocoa costs and weakened consumer sentiment.
Strong Financial Performance
Lindt & Sprüngli achieved significant growth in both value and volume, solidifying its position as one of the fastest-growing chocolate manufacturers globally. "In 2024, Lindt & Sprüngli grew organically by 7.8% to CHF 5.47 billion (previous year: CHF 5.20 billion). Sales growth in Swiss Francs was 5.1%. Currency effects impacted the result by -2.7%, mainly due to the weaker US dollar and Euro." The company also saw double-digit growth in its Global Retail segment, with sales in its approximately 560 own stores and 21 e-shops increasing by 16.7%.
Growth Across All Regions
All three of Lindt & Sprüngli's regions contributed to the company's strong performance.
- Europe: "“Europe” posted the highest sales with CHF 2.59 billion (previous year: CHF 2.41 billion), growing organically by an excellent 9.5%." Double-digit growth was achieved in several European markets, including the UK, Central Eastern Europe, France, and Benelux.
- North America: "“North America” increased sales to CHF 2.15 billion (previous year: CHF 2.11 billion), an organic growth of 5.0%." The company noted that performance in this region was affected by the timing of Easter orders and retail destocking. "Excluding these one-off effects, the organic growth rate would have been 6.0%."
- Rest of the World: "“Rest of the World” achieved organic sales growth of 10.0% to CHF 0.72 billion (previous year: CHF 0.68 billion), with excellent development in core markets like Brazil, Japan, and China at double-digit growth rates."
Product Innovation and Core Brands Drive Success
Lindt & Sprüngli's growth was fueled by both its core products and new innovations. "Key growth drivers were Lindor and Excellence with strong organic growth and market share gains in all regions." The company also highlighted the success of product innovations such as the Excellence Pailleté range and new Lindor flavors. "At the end of 2024, Lindt & Sprüngli introduced its handmade Lindt Dubai Chocolate in a limited edition in its own retail stores. The overwhelming success of the flavor has prompted the Group to develop the Lindt Dubai Style Chocolate with a similar recipe for the roll out in wholesale."
Outlook for 2025 and Beyond
Lindt & Sprüngli is optimistic about its future prospects. "Based on the necessary price adjustments, Lindt & Sprüngli expects increased organic growth of 7–9% in 2025 and an improved operating profit margin of 20–40 basis points." The company also reaffirmed its long-term growth targets. "For the years after 2025, the Group continues to reiterate its strategic medium- to long-term organic sales growth targets of 6–8% with an improvement in the operating profit margin of 20–40 basis points per year."
About Lindt & Sprüngli
Lindt & Sprüngli is a global leader in the premium chocolate sector, with a history dating back 180 years. The Swiss company operates 12 factories in Europe and the USA and sells its products through approximately 560 own stores and a network of distributors worldwide. With around 15,000 employees, Lindt & Sprüngli is committed to sustainable practices, including its Lindt & Sprüngli Farming Program for responsible cocoa sourcing.