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Lindt to Raise Chocolate Prices Again in 2025 as Cocoa Costs Surge

The Swiss chocolatier forecasts strong sales growth and improved profit margins despite record-high cocoa prices.

  • Lindt & Spruengli announced plans to increase chocolate prices in 2025 to offset historically high cocoa costs, which nearly tripled in 2024.
  • The company reported 7.8% organic sales growth in 2024, reaching 5.47 billion Swiss francs ($5.97 billion), slightly below analysts' expectations.
  • Cocoa prices surged 161% in 2024, peaking at $10,100 per tonne in December before settling at $9,165 by year-end.
  • For 2025, Lindt projects organic sales growth of 7-9% and an improvement in its operating profit margin by 20–40 basis points.
  • Analysts noted Lindt's pricing power and market share gains, with the company positioned to navigate challenges in the chocolate industry this year.
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