Latest news with #chocolate
Yahoo
7 hours ago
- Business
- Yahoo
Lindt sweetens sales forecast after 'strong' H1
Swiss chocolatier Lindt & Sprüngli has raised its sales forecast for 2025 after 'strong' growth in the first half of 2025. The Lindor maker now projects its sales will rise by 9-11% on an organic basis this year, up from its previous forecast of 7–9%. In a statement issued today (22 July), Lindt & Sprüngli said its positive outlook is underpinned by "continued consumer loyalty and the ongoing trend towards premiumisation". Lindt & Sprüngli is forecasting an increase in EBIT margin at the "lower end of" its medium-term annual target of growth of 20 to 40 basis points for 2025. The first half of the year saw Lindt & Sprüngli grow its organic sales growth by 11.2%, amounting to total sales of Sfr2.35bn ($2.94bn). The increase was driven by all regions, the company said, with Europe leading the way with a "very strong" organic sales growth of 17.7%. All European subsidiaries reported "double-digit growth", with the 'strongest' performances observed in the Nordics, Benelux, Central Eastern Europe, France and Austria. In North America, Lindt & Sprüngli's organic sales grew by 3.6% by the business said the result fell short of expectations as a result of 'weak consumer sentiment'. Conversely, the Rest of the World division saw sales rise 7.8%, with Japan, Brazil, South Africa, and China recording "double-digit growth". EBIT fell 11.3% to Sfr259.2m. In the first half of 2024, Lindt & Sprüngli generated EBIT of Sfr292.3m, which included a one-off effect from a resolved legal dispute. Net income declined 13.3%, settling at Sfr188.9m. The company reported a negative free cash flow of Sfr79.7m in the first half of the year, compared with a positive Sfr70.4m in the corresponding period of 2024, influenced by the "higher valuation of inventories because of the higher cocoa costs". In response to the escalating cocoa prices, Lindt & Sprüngli announced in March its intention to implement double-digit price increases in 2025, following a 6.3% hike initiated last year. CEO Dr Adalbert Lechner, while presenting Lindt's 2024 financial results on 4 March, refrained from specifying the exact figure for the impending cocoa-linked price increases but acknowledged that the rise was "significant". "Lindt sweetens sales forecast after 'strong' H1" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
7 hours ago
- Business
- The Sun
Shoppers spot rare new Cadbury's chocolate bar on UK shelves combining two sweet treat favourites
EXCITED snack fans are in a frenzy after spotting a brand new bar, combining two popular flavours. Cadbury is one of the nation's best loved confectioners and is often wowing treat lovers with its inventive new chocolate flavours, such as Caramel Mudcake and Biscoff. Exciting new flavour And shoppers have recently discovered that Cadbury Dairy Milk Honeycomb & Peanut is available in the UK. Sharing a snap of the scrumptious treat to the Newfoodsuk Instagram account one shoppers said: "New Honeycomb & Peanut Cadbury Dairy Milk Bar! "Wow, the peanuts work so well with the creamy Cadbury chocolate!" The tasty treat is an import from Australia, and is being sold by World Snacks UK. It features mouthwatering chocolate, blended together with honeycomb and peanut pieces. Shoppers can buy the imported 100g bar for £4.99 from the World Snacks website. The post was flooded with comments from Instagram users, eager to try out the snack for themselves. One person said: "Sounds like a great combination for a chocolate bar." A second person said: "This gonna slap." A third added: "Why can't they sell this in shops!" 'So excited' say Cadbury Ireland fans as new chocolate bar flavour to hit shelves TODAY More new Cadbury flavours This comes as shoppers are racing to pick up a giant Cadbury Dairy Milk chocolate bar on UK supermarket shelves - and are praising the "banging" flavour. The snack is a collaboration with iconic sweet treat giant Biscoff - and fans have rushed to fill their trolleys with the huge bar which they say is worth every penny. A Facebook user flagged the incredible find on the Extreme Couponing and Bargains UK group. And it was discovered in major supermarket Tesco - with the store offering a 10 per cent discount to certain customers. How to save money on chocolate We all love a bit of chocolate from now and then, but you don't have to break the bank buying your favourite bar. Consumer reporter Sam Walker reveals how to cut costs... Go own brand - if you're not too fussed about flavour and just want to supplant your chocolate cravings, you'll save by going for the supermarket's own brand bars. Shop around - if you've spotted your favourite variety at the supermarket, make sure you check if it's cheaper elsewhere. Websites like let you compare prices on products across all the major chains to see if you're getting the best deal. Look out for yellow stickers - supermarket staff put yellow, and sometimes orange and red, stickers on to products to show they've been reduced. They usually do this if the product is coming to the end of its best-before date or the packaging is slightly damaged. Buy bigger bars - most of the time, but not always, chocolate is cheaper per 100g the larger the bar. So if you've got the appetite, and you were going to buy a hefty amount of chocolate anyway, you might as well go bigger. The user posted a picture of the behemoth chocolate bar in their hand. They captioned the post: "New giant Biscoff Cadbury Dairy Milk Bar at Tesco." And the limited-edition Cadbury Dairy Milk Caramel Mudcake has been spotted in budget retailer B&M, and sweet-toothed Brits are racing to get a taste. One eagle-eyed shopper shared the find on Facebook, posting: 'Cadbury Caramel mudcake spotted at B&M.' Others were quick to respond, with one user writing: 'I must try it ASAP' and another adding: 'I hope it's still there when I go.' The Caramel Mudcake bar doesn't appear to be stocked anywhere else in the UK, making it one of the rarest Cadbury imports around at the moment.
France 24
9 hours ago
- Business
- France 24
Price hikes nibble at demand for Lindt chocolate
The company, known for its Lindor pralines and gold chocolate Easter bunnies, hiked its prices by 15.8 percent to offset record-high cocoa costs. While sales volumes declined by 4.6 percent, it still saw revenues climb by nine percent to 2.4 billion Swiss francs ($3.0 billion) as consumers continued to buy chocolate despite the price hikes. Excluding the effect of changing currency values, sales growth was 11.2 percent. "We have shown resilience in a challenging market environment," chief executive Adalbert Lechner said in a statement, pointing to product innovation and cost-cutting efforts to mitigate the cocoa cost increase. Nevertheless, net profit slid 13.3 percent to 189 million Swiss francs in the first half of the year. The company raised its target for organic sales growth to nine to 11 percent, up from seven to nine percent previously.
The Sun
9 hours ago
- Business
- The Sun
Home Bargains is selling dupe of iconic childhood chocolate bar cruelly discontinued by Nestle after 60 years
HOME Bargains is selling a dupe of an iconic chocolate bar that was discontinued by Nestle after 60 years. Sweet-toothed shoppers were stunned to see Jungly chocolate, which looks very similar to Animal Bars, on the discounter's shelves. Customers described it as "pure nostalgia" after spotting the treat. While another said: "Yum use to buy these in Spain." Another bargain hunter who tried the treat said they tasted "banging". But some were not as impressed with one shopper saying they should "bring back Animal Bars instead". Nestle Jungly is usually found in Spanish shops and draws huge similarities to the beloved treat which was axed in November 2023. Both bars feature the outline of wild animals and contain milk chocolate. Different variations of the Jungly Bar have appeared on the bargain stores shelves in the past few months, including individually wrapped chocolates scanning for £1. If you are keen to shop for the treat, you will have to head to your nearest Home Bargains store as it is not available to shop online. You can find your nearest branch by visiting You can also shop the treat on for €2.78 (£2.41), but you will need to factory in delivery costs. We've outdone ourselves with this one' say Cadbury Ireland as they reveal new limited edition bar 'coming soon Shoppers were left reeling after Nestlé said it would no longer sell Animal Bars. The chocolate company said declines in sales were behind its axing. At the time shoppers said: 'Isn't it mental that they are discontinuing something so popular.' While another said: "They're gluten free so I use them as well. Gutted." Nestle also culled its iconic Caramac bar at the same time. MORE DISCONTINUED CHOC Shoppers were left heartbroken earlier this year after it was revealed that Toblerone Dark would no longer be made. Mars axed its dark chocolate Bounty in 2023, leaving customers heartbroken. At the time shoppers said the moves was "bad for their mental health". Others were quick to share their pain with one fan saying: "Noooooo. Dark chocolate Bountys beat milk chocolate Bountys hands down. However, it's not all bad news sometimes iconic chocolate bars make a return. Milky Way Crispy Rolls returned earlier after they were discontinued three years ago. White chocolate Maltesers have also made a return after a 11 year hiatus. How to save money on chocolate We all love a bit of chocolate from now and then, but you don't have to break the bank buying your favourite bar. Consumer reporter Sam Walker reveals how to cut costs... Go own brand - if you're not too fussed about flavour and just want to supplant your chocolate cravings, you'll save by going for the supermarket's own brand bars. Shop around - if you've spotted your favourite variety at the supermarket, make sure you check if it's cheaper elsewhere. Websites like let you compare prices on products across all the major chains to see if you're getting the best deal. Look out for yellow stickers - supermarket staff put yellow, and sometimes orange and red, stickers on to products to show they've been reduced. They usually do this if the product is coming to the end of its best-before date or the packaging is slightly damaged. Buy bigger bars - most of the time, but not always, chocolate is cheaper per 100g the larger the bar. So if you've got the appetite, and you were going to buy a hefty amount of chocolate anyway, you might as well go bigger.
Wall Street Journal
9 hours ago
- Business
- Wall Street Journal
Lindt Shares Fall After Cocoa Prices Weigh on Profitability
Lindt & Spruengli LISP -7.53%decrease; red down pointing triangle shares fell after the Swiss chocolatier reported first-half earnings that missed analysts' expectations and turned more cautious on its full-year profitability outlook, reflecting a hit from high cocoa prices. Chocolate makers have been grappling with increases in raw-material costs after last year's record-breaking surge in cocoa prices, which declined from its peaks over the last few months as consumers cut down spending on chocolate treats. However, cocoa prices remain at historically high levels.
