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Chocoladefabriken Lindt & Sprüngli AG (LDSVF)

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12,376.11+193.86 (+1.59%)
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  • Reuters

    Swiss chocolate makers focus on incomes to end child labour

    Swiss chocolate makers Barry Callebaut and Lindt & Spruengli said improving cocoa farmers' income was crucial to ending child labour in the cocoa supply chain. An estimated 1.56 million children work in cocoa production in West Africa and chocolate makers, under pressure from consumers and investors, are finding it tough to tackle. Lindt Chief Executive Dieter Weisskopf and Barry Callebaut CEO Peter Boone both reiterated their support for the living income differential (LID) at the Reuters Next conference.

  • Reuters

    Lindt chocolate bunny hops towards victory in trademark battle

    Lindt & Spruengli's gold foil-wrapped chocolate Easter bunny scored a legal win on Thursday as Germany's federal court ruled its gold tone had trademark protection. The Swiss premium chocolate maker has been fighting many court battles over the years to protect one of its best-selling products that, according to the federal court, crossed German counters more than 500 million times in the past 30 years. After failing to get comprehensive trademark protection for the shape of its sitting bunny, Lindt changed its tactics, trying to protect the shade of the foil instead, a strategy that seems to start bearing fruit.

  • Reuters

    Consumers' sweet tooth helps Lindt & Spruengli shine

    Strong demand for Lindor and Excellence chocolates boosted sales and profit at Switzerland's Lindt & Spruengli in the first half, allowing it to raise its full-year guidance as the impact of the COVID-19 pandemic waned. The global chocolate confectionery market is still sluggish, but Lindt, whose organic sales dropped 6% last year, is now seeing demand for its upmarket chocolates recover due to continued investment in marketing and new products. "Group sales have almost returned to their pre-COVID-19 trajectory," Chief Financial Officer Martin Hug told investors on a call on Tuesday.