Swiss chocolate manufacturer achieves milestone with sales exceeding CHF 5.47 billion in 2024, marking second-highest revenue in company history despite global challenges.
"The company can look back on a challenging year that was characterised by record-high cocoa prices, considerable price increases and subdued consumer sentiment"
Lindt & Sprüngli has achieved a remarkable milestone in 2024, with sales soaring to CHF 5.47 billion ($6 billion), marking the second time in the company's history that revenues have exceeded the CHF 5 billion threshold. The prestigious Swiss chocolate manufacturer demonstrated exceptional resilience, posting an impressive organic growth rate of 7.8% when excluding currency effects, despite facing significant market challenges. This performance places the company at the upper end of its long-term strategic targets of 6-8% organic growth.
The company navigated through a challenging year characterized by record-high cocoa prices and subdued consumer sentiment. To maintain profitability, Lindt & Sprüngli implemented strategic price adjustments in the mid-single-digit range. Despite these challenges, the company's premium positioning and strong brand equity enabled it to successfully pass through necessary price increases while maintaining solid volume and mix development. The impact of currency fluctuations reduced the overall result by 2.7%, yet the company's fundamental performance remained robust.
Looking ahead to 2025, Lindt & Sprüngli projects organic growth of 7-9%, supported by necessary price adjustments. The company expects to achieve an operating profit margin improvement of 0.20 to 0.40 percentage points, targeting a minimum EBIT margin of 16%. All geographic regions contributed positively to the 2024 growth, demonstrating the company's strong global market presence. The manufacturer maintains its medium to long-term targets, confirming its commitment to sustainable growth and margin enhancement.
The Kilchberg-based chocolate manufacturer continues to exemplify Swiss excellence in the global premium chocolate market. Through its iconic products like Lindor balls, pralines, and chocolate bunnies, Lindt & Sprüngli maintains its position as a leading Swiss premium chocolate brand. The company's ability to achieve strong growth while maintaining quality standards reflects the enduring appeal of Swiss chocolate craftsmanship in international markets. Detailed profit and margin figures will be released on March 4, with the company expressing confidence in achieving its targeted performance metrics.