Lindt sales and profit down as COVID-19 hits chocolate appetite
21/07/2020 06:16
ZURICH, July 21 (Reuters) - Swiss chocolate maker Lindt &
Spruengli LISP.S said it expected organic sales to fall around
5-7% this year after COVID-related store closures hit sales and
profit in the first half of 2020.
Chocolate makers have been facing soft demand as many
grocery shoppers focused on stocking up on essential supplies
and made fewer impulse purchases during the COVID-19 pandemic.
(Reporting by Silke Koltrowitz; Editing by Michael Shields)
((silke.koltrowitz@thomsonreuters.com; +41 58 306 7454; Reuters
Messaging: silke.koltrowitz.thomsonreuters.com@reuters.net))
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