Chocoladefabriken Lindt & Spruengli AG

LISN: XSWX (CHE)
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Lindt Earnings: Brand Power to Drive EBIT Margin Growth in 2025 Despite High Cocoa Prices

Lindt&Spruengli, or Lindt, delivered 2024 EBIT of CHF 884 million, broadly in line with our forecast. The EBIT margin increased by 60 basis points to 16.2% despite substantial input cost inflation amid record high cocoa prices. Management expects to pass through double-digit price increases in 2025.

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