Lindt & Spruengli posts 2022 sales of 4.97 billion francs, confirms guidance

Lindt & Spruengli posts 2022 sales of 4.97 billion francs, confirms guidance

ZURICH (Reuters) – Swiss chocolate maker Lindt & Spruengli said on Tuesday it is “confident” of achieving an operating margin of 15% for 2022 and confirmed its guidance after strong international sales helped organic sales grow by 8.4% last year.

Overall sales rose to 4.97 billion Swiss francs ($5.30 billion) in 2022, the maker of Lindor balls and gold foil-wrapped Easter bunnies said in a statement, and maintained its target of sales growth of 6-8% for 2023.

The 2022 sales figure was slightly ahead of a 4.96 billion franc consensus estimate by analysts.

Full results are due to be published on March 7. ($1 = 0.9244 Swiss francs)

(Reporting by Noele Illien; Editing by Savio DSouza)

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