Confectionery maker Lindt & Sprüngli has seen its group sales rise 6.8% to CHF 3.9 billion in full year 2016.
Switzerland-based Lindt & Sprüngli posted organic sales growth of 6.0% for the year, having seen its 'position strengthened in all strategically important markets,' the company said in a statement.
'Once again, Lindt & Sprüngli succeeded in outperforming the overall chocolate market, achieving important market share gains and sales growth in line with strategic targets,' it said.
It described the result as 'very encouraging', set against a background of 'a persistently challenging environment of stagnating and even declining chocolate markets, with generally subdued consumer sentiment, high raw material prices and rising price pressure on our trading partners'.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. To subscribe to ESM: The European Supermarket Magazine, click here.
