Chocoladefabriken Lindt & Spruengli AG

Latest Results (31.08.2026):

Chocoladefabriken Lindt & Spruengli AG — Half‑Year (H1) 2026: The Group delivered solid H1 2026 results with organic sales up 4.3% to CHF 2.33 billion, EBIT of CHF 260.2 million (11.2% margin) and confirmation of full‑year guidance while taking targeted actions to recover volumes in H2 2026.

Key numbers

Sales CHF 2,332.1m (organic +4.3%, reported -0.9% vs H1 2025); EBITDA CHF 415.8m (17.8% of sales); EBIT CHF 260.2m (11.2%); Net income CHF 191.7m.

Cash flow & balance sheet

Free cash flow improved sharply to CHF 61.1m (2.6% margin) versus CHF -79.7m a year earlier. Equity ratio 53.7% (Dec 31, 2025: 54.5%).

Pricing vs volume

Groupwide price increases of 11.8% to offset higher input costs; Volume/Mix declined 7.5% (mainly Europe). Company has implemented targeted price adjustments and increased brand activations to stabilize volumes in H2 2026.

Regional performance

North America: strong organic growth +12.7% (premiumization + product strength). Rest of the World: +10.2% (Australia, China, Japan, distributor business). Europe: organic decline -2.1% (weaker Easter, tourism and consumer sentiment).

Retail & brand

Global Retail network expanded to 648 stores (from 621). Lindt ranked the world’s most valuable chocolate brand in Kantar BrandZ 2026; brand value up 24% to USD 11.7bn.

Outlook & guidance

Group confirms full‑year 2026 guidance: organic sales growth expected +4–6% and an EBIT margin improvement of 20–40 basis points versus prior year. Medium‑ to long‑term targets reiterated: organic growth 6–8% and EBIT margin improvement 20–40 bps p.a.

Other strategic notes

Continued cost discipline and efficiency measures supported margins. Lindt joined industry initiative TogetherCocoa (with major peers) to help close the living income gap for cocoa farmers in Côte d’Ivoire and Ghana.