Lindt's FY operating profit beat pushes shares higher

Chocoladefabriken Lindt & Spruengli AG

04/03/2025 08:20

** Shares in Lindt LISN.S rise 2% after the Swiss firm reported a slightly better than expected full-year operating profit

** Its preferential shares LISP.S rise 5% and are amongst the best performers on the pan-European index .STOXX

** The chocolate maker posted EBIT of 884 million Swiss francs ($988.70 million), a beat to analysts' consensus of 880 million francs compiled by LSEG

** FY free cash flow came in at 635.3 million swiss francs, a "stand​-​out performance" according to Barclays' analysts

** "Lindt continues to navigate this unprecedented cocoa bean price environment unabated, breaking record after record," says Vontobel's analyts Jean-Philippe Bertschy

** "The improvement in the cash conversion cycle and in ROIC is of high quality," he adds, noting that this supports the brokerage's view that management has high visibility on FY25 cash generation

** Up to the previous session's close, shares were up 10.4%​ YTD

($1 = 0.8941 Swiss francs)

 (Reporting by Paolo Laudani)

 ((Paolo.laudani@thomsonreuters.com))