Lindt & Spruengli aims for 6-8% sales growth, announces share buyback

Chocoladefabriken Lindt & Spruengli AG

02/03/2021 06:13

ZURICH, March 2 (Reuters) - Swiss chocolate maker Lindt &
Spruengli  LISN.S   LISP.S  said on Tuesday it aimed for 6-8%
organic sales growth this year after the pandemic hits its
business and made net profit slide last year.
    Net profit fell 37.5% to 320.1 million Swiss francs 
($349.53 million) in 2020, the maker of Lindor chocolate balls
and gold foil-wrapped Easter bunnies said in a statement.
    It also announced a new share buyback programme of 750
million francs from June this year to the end of next year.
    

($1 = 0.9158 Swiss francs)

 (Reporting by Silke Koltrowitz
Editing by Riham Alkousaa)
 ((silke.koltrowitz@thomsonreuters.com; +41 41 528 3638;))