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- Frustrated Barca fail to capitalise on Atletico La Liga slip
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- Barcelona stumble to frustrating Getafe draw in title setback
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- Arsenal must take blame for Villa fightback: Arteta
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- Northampton, Leinster claim Champions Cup pool top spots
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- Juventus into Serie A Champions League spots with victory over AC Milan
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- Nunez late show a significant moment for Liverpool, says Slot
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- Kluivert hat-trick helps Bournemouth snap Newcastle streak
- Odermatt continues Swiss roll with downhill win in Wengen
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- Noman and Sajid give Pakistan lead in spin-dominated first Test
- Sinner romps past Giron into Australian Open last 16
- Svitolina stuns Paolini for family fairytale at Australian Open
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- Medvedev fined $76,000 for Australian Open antics
Lindt chocolate to raise prices again this year
Swiss chocolate maker Lindt & Spruengli announced Tuesday that it would raise prices again in 2025 after strong sales last year showed that increases had not cut the appetite of consumers.
The group had already hiked prices by "mid-single" digits last year to offset the rising costs of cocoa.
"The cocoa market was volatile in the reporting year, with cocoa prices remaining at a historic high by the end of 2024," Lindt said in a statement.
"Offsetting the high cocoa costs forced the Group to adjust its pricing, which will be further required in 2025."
The company posted organic sales growth -- which excludes currency fluctuations and acquisitions -- of 7.8 percent in 2024 to 5.47 billion Swiss francs ($6 billion).
It was higher than the 5.45 billion francs expected by analysts surveyed by Swiss business news agency AWP.
Cocoa prices soared 161 percent last year, reaching $10,100 per tonne in mid-December before easing to $9,165 at the end of 2024.
Lindt said it expects organic growth of seven to nine percent in 2025 and an improved operating profit margin.
P.Queiroz--PC