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Lindt Cuts 2026 Growth Outlook as Heatwave Hurts Demand
- On Tuesday, September 29, 2026, Lindt & Spruengli cut its 2026 organic sales growth forecast to 0% to 2%, down sharply from previous guidance of 4% to 6%.
- CEO Adalbert Lechner attributed the reduction to subdued consumer sentiment, rising price sensitivity, and a summer European heatwave that reduced growth by roughly 1.5%.
- Lechner noted that "necessary price increases due to historically high cocoa prices" led to weaker order volumes in seasonal businesses, prompting a hiring freeze.
- Following the warning, Lindt shares opened more than 5% lower as Vontobel analysts called it the "second cut within six months," damaging the company's reputation.
- Despite the immediate warning, Lindt maintained its medium-term targets of 6% to 8% organic sales growth and expects adjusted pricing and innovations to drive positive volume growth in 2027.
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26 Articles
26 Articles
The Swiss chocolate manufacturer Lindt feels the buyer's restraint and has to correct his sales forecast downwards.
·Essen, Germany
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The Swiss chocolate manufacturer Lindt feels the buyer's restraint and has to correct his sales forecast downwards.
·Essen, Germany
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Lindt plans to reduce the prices of its chocolate products after having revised downwards, for the second time this year, the growth forecasts of the...
·Milan, Italy
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For the second time this year, the Executive Board is correcting the revenue forecast downwards. Is Lindt no longer available to consumers?
·Zürich, Switzerland
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Coverage Details
Total News Sources26
Leaning Left0Leaning Right5Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
C 55%
R 45%
Factuality
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