Over 30 years of experience in FMCG such as Campbell Company and SC Johnson
Joined Lindt & Sprüngli in 2019 as CEO Canada
Took over as CEO USA in 2022
Member of the Group Management as of July 1, 2024
+10.3%
15.6%
Organic sales growth
EBIT margin
+4.6% in CHF
+60bp vs. PY
CHF 813 mn
5.20 bn
Group sales (CHF)
Financial
Key Figures
+0.2%
1,400 CHF
Lindt & Sprüngli achieved
Volume/Mix growth
Dividend +7.7% vs. PY
double-digit growth in 2023
9.2%
Free Cash Flow margin CHF 477 mn
Near- & long-term climate targets
Net-zeroscience-based target by 2050
72.3%
of cocoa products sourced through sustainability programs
Sustainability at a glance
Awarded with EcoVadis Silver Medal
for sustainability performance among the top 8 % in our industry
131,000
farmers in the Lindt & Sprüngli Farming Program
66.1% of cocoa volume from child labor risk countries where a CLMRS has started or is implemented
35.1%(+2.1pp)
women in senior leadership positions
DEI framework launched
Deforestation
Policy
covering cocoa, palm oil, soy, and pulp- and paper-based packaging introduced
Global Chocolate Markets and Trends in 2023
Chocolate markets with slight volume decline but growth in value
Global chocolate market
Cocoa price inflation
impacted by price increases
Trends
Volume decline − value with high-
Cocoa price rose to historic highs
Premium chocolate
single-digit growth
+
Crop yields in West Africa (Ghana
+
Dietary trends
Private label gaining
and Cote d'Ivoire) impacted by
(vegan, sugar-reduced,"free-from"
Premium segment continues to grow
weather and diseases
better for you, GLP1)
Last three years, production was
Sustainability awareness
below consumption
Market Insights & Highlights
5.20bn
TOTAL GROUP SALES CHF 1+10.23% organic4growth
2 35
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Chocoladefabriken Lindt & Sprüngli AG published this content on
05 March 2024 and is solely responsible for the information contained therein. Distributed by
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05 March 2024 06:04:33 UTC.
Chocoladefabriken Lindt & Spruengli AG is a Switzerland-based and globally active holding company developing, producing and selling chocolate products. The Companyâs products are sold under the brand names Lindt, Ghirardelli, Caffarel, Hofbauer and Kufferle. The Company has six production sites in Europe and two in the United States. The Company sells its products mainly in countries within Europe and the North American Free Trade Agreement (NAFTA) countries. In September 2014, it announced the placement of 1 billion Swiss francs worth of bonds issues to finance Russell Stover Candies takeover. The Companyâs subsidiaries include Chocoladefabriken Lindt & Sprngli (Schweiz) AG, Chocoladefabriken Lindt & Sprngli GmbH, Lindt & Sprngli SAS, Lindt & Sprngli (UK) Ltd, Lindt & Sprngli (Poland) Sp. z o.o., L&S (Brazil) Holding Ltd and Lindt & Sprngli (Asia-Pacific) Ltd., among others.
LINDT 
