At a time when the global chocolate market faced a slowdown, Chocoladefabriken Lindt & Spruengli managed to increase its profit in 2023. The Swiss chocolatier reported an impressive 18% rise in full-year net profit, reaching 671.4 million Swiss francs ($758.6 million). This growth was primarily driven by price adjustments due to higher raw-material costs and inflationary pressures.

Strong Financial Performance

Earnings before interest and taxes also saw a significant uptick, climbing by 9.2% to CHF813.1 million. The company’s margin expanded from 15.0% to 15.6%, showcasing its ability to maintain profitability even in challenging market conditions.

Continued Sales Growth

Chocoladefabriken Lindt & Spruengli confirmed its preliminary sales figures, revealing a 10% organic growth rate. Despite the market challenges, the company’s sales remained robust, providing a solid foundation for future performance.

Dividend Increase

In a move to reward shareholders, the Swiss chocolatier announced a dividend hike. Shareholders with voting rights will receive CHF1,400 per registered share, up from CHF1,300 in the previous year. Those holding nonvoting participation certificates will also see an increase in dividends, from CHF130 to CHF140.

Overall, Chocoladefabriken Lindt & Spruengli’s strong financial results and positive outlook for 2024 signal resilience and strategic foresight in a competitive market landscape.

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