Lindt & Spruengli sales recover in second half of 2020

Chocoladefabriken Lindt & Spruengli AG

19/01/2021 06:07

ZURICH, Jan 19 (Reuters) - Swiss chocolate maker Lindt &
Spruengli  LISP.S  said on Tuesday it expected to further gain
market share this year after consumers fighting COVID
frustruation with Lindor chocolate balls helped sales recover in
the second half of 2020. 
    Organic sales fell 6.1% last year, the Zurich-based company
said in a statement. This was in line with compay guidance for a
5-7% decline and implied a recovery in the second half after an
8.1% drop in the first six months of 2020.

 (Reporting by Silke Koltrowitz; editing by Brenna Hughes
Neghaiwi)
 ((silke.koltrowitz@thomsonreuters.com; +41 41 528 3638;))