Lindt chocolate is seen in their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS
March 10 (Reuters) – Swiss chocolatier Lindt & Spruengli reported a roughly 10% rise in its annual operating profit on Tuesday, beating market estimates, as it successfully passed on higher cocoa prices to customers.
The premium chocolate teddy bear producer’s earnings before interest and taxes came in at 971 million Swiss francs ($1.25 billion) in 2025, above analysts’ average forecast of 968.9 million francs, based on data compiled by LSEG.
The maker of chocolate Easter bunnies, which in January said its EBIT margin expansion would be at the lower end of its medium- to long-term target of 20-40 basis points, reported a 20-bps jump in its annual margin to 16.4%.
In January, the company had projected organic sales growth of 6% to 8% for 2026 and the years beyond, but on Tuesday it said it now expects annual growth of 4% to 6%.
The company maintained its forecast for a 20-40 basis point increase in EBIT margin, compared with the previous year.
($1 = 0.7774 Swiss francs)
Reporting by Bernadette Hogg and Danny Callaghan in Gdansk; Editing by Christian Schmollinger and Sherry Jacob-Phillips
