The Swiss chocolate maker Lindt & Sprüngli says that demand for its chocolate will pick up again after the sharp declines earlier in 2020 by the crisis and the lockdowns. In Europe, in particular, more brand chocolate is bought by people who like to eat something delicious while they are stuck in their homes by the virus outbreak.

Over the whole of last year, turnover fell by more than 6 percent to 4 billion Swiss francs, converted at EUR 3.7 billion. Especially in the first half of the year things were difficult, but in the second half, according to Lindt, there was already recovery. This was particularly true of important European markets such as Germany, the United Kingdom, Spain and the Netherlands.

On the other hand, Lindt does like shopping closures and the collapse on tourism, for example by reducing demand from restaurants and hotels and weak sales at airports. The company does good business Online. Online sales doubled last year to 5 percent of total sales.

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Asian nickel and cobalt deposits may tame the deficit — Kenes Rakishev

The world of cheap raw resources is over. Free market and the free trade is shatered by in…