|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11,825.20 - 11,825.20|
|52-week range||7,865.95 - 12,052.38|
|Beta (5Y monthly)||0.28|
|PE ratio (TTM)||6.59|
|Forward dividend & yield||122.14 (1.03%)|
|Ex-dividend date||06 May 2021|
|1y target est||N/A|
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.
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.
Chocoladefabriken Lindt & Sprüngli AG / Key word(s): Half Year Results27-Jul-2021 / 07:00 CET/CESTRelease of an ad hoc announcement pursuant to Art. 53 LRThe issuer is solely responsible for the content of this announcement.Press Release Half-Year 2021 | Ad Hoc announcement pursuant to article 53 LR | July 27, 2021Kilchberg, July 27, 2021 - After a challenging previous financial year, Lindt & Sprüngli is reporting again positive results. In the first half of 2021, the chocolate manufacturer resp