Chocolate maker Lindt & Sprüngli expects sales to slow in the second half of its financial year, with chief financial officer Martin Hug telling an analyst call that the lifting of COVID restrictions is likely to curb the impressive growth seen in the chocolate market over the past year.
Hug's assessment follows a bumper first-half period for the group, which saw organic sales rise by 17.4% year-on-year to CHF 1.8 billion (€1.67 billion), and operating profit rise to CHF 138.8 million (compared to CHF 17.1 million the previous year).
