People are eating more chocolate again, and that’s good news for Lindt
Lindt & Spruengli is planning a $820m share buyback
02 March 2021 - 16:28
Lindt & Spruengli plans a Sf750m ($820m) share buyback programme as the maker of Lindor chocolate balls forecast a rebound in 2021, helped by improving chocolate consumption and e-commerce.
Sales should rise 6%-8% on an organic basis this year, later returning to the company’s mid-to-long-term target of 5% to 7% annual growth, the the Swiss company said Tuesday...
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