Lindt full-year profit rises on price increases
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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) - Swiss chocolate maker Lindt & Spruengli said on Tuesday its 2023 profit rose, as it increased prices in a challenging year that saw the price of cocoa soar.
Net income rose 17.9% to 671.4 million Swiss francs ($758 million), slightly beating the 670 million francs forecast by analysts at Zuercher Kantonalbank.
($1 = 0.8853 Swiss francs)
(Reporting by Bartosz Dabrowski; Editing by Christopher Cushing)
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