Lindt & Sprüngli continues to grow faster than the overall chocolate market.
A look behind the scenes of product development at Lindt & Sprüngli.
A successful year with around 50 new shop openings in prime locations.
In 2018 Lindt & Sprüngli achieved solid sales growth, gained significant market shares in all countries and once again expanded faster than the overall chocolate market. Key factors included the steady expansion of its retail network by around 50 additional Shops and Chocolate Cafés and the double-digit growth of the popular Lindor brand.
Dr Dieter Weisskopf
CEO Lindt & Sprüngli Group
Lindt & Sprüngli achieved Group sales of CHF 4.313 billion in 2018. Organic sales growth in Swiss francs came to +5.5%. Once again, we grew faster than the overall chocolate market and gained significant market shares.
Dr Dieter Weisskopf CEO Lindt & Sprüngli Group
Ernst Tanner
Executive Chairman
of the Board of Directors
The success of our products is down to the experts who continuously develop our product portfolio to delight consumers with new chocolate creations. Our top-selling lines Lindor and Excellence, along with our seasonal products such as the famous Lindt Gold Bunny, are some of the most popular chocolate classics worldwide.
Research & DevelopmentAn increase in Swiss franc terms of +5.5% in Lindt & Sprüngli's Group sales to a total of CHF 4.313 billion, solid growth of +5.6% in the «Europe» segment and +10.3% in the «Rest of the World», as well as around 50 new shop openings worldwide are just some of the highlights of 2018.
Highlights & Key Figuresin million CHF
Schokoladenplatz 1 at the halfway stage - Lindt Home of Chocolate celebrates the next milestone on the road to the official opening in 2020.
Lindt Home of Chocolate
Founded in 2013, the charitable Lindt Chocolate Competence Foundation is funding and realizing the visonary idea of a Chocolate Competence Center.
Architectural competition - the Basel-based architects Christ & Gantenbein won the competition with a modern design that presents a striking counterbalance to the historical Lindt & Sprüngli factory building from 1899 and blends in perfectly with the existing surroundings.
In 2016, the local authority in Kilchberg granted the building consent for the project on Lindt & Sprüngli's factory premises which will strengthen Switzerland as a business location for chocolate for the long-term.
The excavation of the building project began in 2017. In September of the same year, the Lindt Chocolate Competence Foundation celebrated the laying of the foundation stone and started the building of the superstructure.
The superstructure of the 20 meters high Lindt Home of Chocolate at Schokoladenplatz 1 in Kilchberg was already completed in 2018.
The interior construction of the multifunctional building has been in full swing since 2018.
In 2020, the opening of the unique Lindt Home of Chocolate in Kilchberg will be celebrated.
In 2018 Lindt & Sprüngli once again grew faster than the overall chocolate market and gained significant market shares. The global market for premium chocolate continues to grow, strengthening Lindt & Sprüngli's position as one of the world's premium manufacturers.
In largely saturated and highly competitive chocolate markets in "Europe", Lindt & Sprüngli was able to expand its market share and increase sales by +5.6% to a total of CHF 2.08 billion. Worth particular mention is the dynamic pace of double-digit growth in Russia and the less developed markets such the Czech Republic, Slovakia and Poland. But Lindt & Sprüngli also reported excellent results in more mature markets such as Germany, Spain, the UK, Italy and Austria.
In 2018 the "North America" segment was once again exposed to structural change in the retail sector and mounting price pressure. Despite the difficult market conditions, the segment achieved organic sales growth of +2.8%, with the double-digit sales growth of Lindt & Sprüngli in Canada acting as a key driver.
Lindt & Sprüngli's "Rest of the World" segment once again achieved double-digit organic sales growth of +10.3% in 2018, pushing sales up to CHF 577 million. The segment is thus making an increasingly important contribution to consolidated sales. All markets produced an excellent performance in 2018, with Brazil, China and Japan especially reporting dynamic sales growth in the high double digits.
Global Retail once again achieved double-digit sales growth and total sales of around CHF 550 million.
Global RetailIn the financial year 2018 Lindt & Sprüngli achieved group sales of CHF 4.313 billion, equivalent to organic growth of +5.5%. The important market of Europe reported solid organic growth of +5.6%, the segment North America +2.8% and the Rest of the World a very satisfying +10.3%. Global Retail also made a significant contribution to the Group's performance, with sales of around half a billion in Swiss francs. As a result, Lindt & Sprüngli once again grew faster than the overall chocolate market in 2018.
in million CHF
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One of our top priorities is to create transparency and thus ensure confidence in our company. Through its commitment to good corporate governance, Lindt & Sprüngli creates sustainable value for its shareholders, consumers, employees and other stakeholders.
Lindt & Sprüngli's success as a company relies on the commitment of its dedicated and professional staff. In a highly competitive labor market, we strive to attract and promote the best talents, and ensure they stay with us over the long term. In the interests of our shareholders, we take a transparent and sustainable approach to compensation. This Compensation Report describes the basis and principles of remuneration for the most senior officers of the Lindt & Sprüngli Group.
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