Lindt beats expectations on 2024 operating profit
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FILE PHOTO: Lindt chocolate is seen in their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File Photo
(Reuters) - Switzerland's Lindt reported a slightly better than expected full-year operating profit on Tuesday, as it fares through historically high cocoa prices.
The chocolatier's earnings before interest and taxes (EBIT) were 884 million Swiss francs ($987 million) in 2024, a beat to analysts' consensus of 880 million francs compiled by LSEG.
($1 = 0.8956 Swiss francs)
(Reporting by Paolo Laudani in Gdansk; Editing by Milla Nissi)
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