Low Lindt organic growth

Lindt & Spruengli’s products have seen a considerable slow-down in Southern Europe.

The firm, had full-year sales of 2.49 billion Swiss francs but it posted a rise in organic sales of 6 percent, short of expectations for a 6.9 percent rise.

The company said the launch of its Christmas chocolate bear, an attempt to match the success of its Easter bunny, went well but demand in Italy, Spain and Australia slowed considerably.

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