KhbarExpresswww.khabarexpress.com

RajB2B Promote your business here

Welcome Guest Sign In New user! Sign Up Now

Search any word's definition online at pelagiandictionary.com

Search Photo  
RSS Thursday, February 16, 2012


Lindt & Sprungli reports increased chocolate sales
19 Jan 2010, 19-1 Hrs

Geneva, Jan 19 (DPA) Swiss chocolate maker Lindt & Sprungli AG said sales in 2009 were worth 2.52 billion francs ($2.46 billion) representing organic growth of 2.3 percent.


Add comment          Mail          Print          Write to Editor


Geneva, Jan 19 (DPA) Swiss chocolate maker Lindt & Sprungli AG said sales in 2009 were worth 2.52 billion francs ($2.46 billion) representing organic growth of 2.3 percent.

In the US, Canada and Australia, the company said it experienced 'above average development' particularly in the last six months, but European countries showed 'negative consumer sentiment', leading to smaller growth.

Over the last year, the company said its sales were affected by the drop in airline passenger numbers, hurting duty-free sales.

Lindt, which said it does not distribute its so-called 'premium products' to certain chain-stores, reported it was also hit by the spread of heavy discounters.

Looking ahead, Lindt & Sprungli said it expected 'the challenging situation on the commodity markets to continue' and 'subdued consumer sentiment' to remain.

A recovery in consumer markets was forecast for the second half of 2010.

The company did not rule out a price hike for its chocolates, but said this would take place only under specific conditions it did not clarify.

Annual results will be presented March 16.




Discuss this story on KhabarExpress Forum  


Pelagian Dictionary

Sprungli
reports
increased
chocolate
sales


Comments to this News

Be the first to comment on this News


 
Post Your Comments to this News
 Posting Rules
 
  Name: Email:
 

Top Story of The Day
Latest Articles

Jain Calendar Launched at Terapanth Bhawan, Gangasahar



Diya Mirza in Krazzy4


Education Special

All right reserved by Khabarexpress.com
Contact Us | Archives | Sitemap | Can't see Hindi ? | News Ticker
Special Edition: Lakshchandi Mahayagya, Camel Festival 2007, Vartmaan Sahitya, Nagar Ek - Nazaare Anek, Bikaner Udyog Craft Mela
Our Network rajb2b.com | khabarexpress.com | uniqueidea.net | PelagianDictionary.com | hindinotes.com
Developed & Designed by Pelagian Softwares