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Lindt Cuts 2026 Growth Outlook as Heatwave Hurts Demand
- On Tuesday, September 29, 2026, Lindt & Spruengli cut its 2026 organic sales growth forecast to 0% to 2%, down sharply from previous guidance of 4% to 6%.
- CEO Adalbert Lechner attributed the reduction to subdued consumer sentiment, rising price sensitivity, and a summer European heatwave that reduced growth by roughly 1.5%.
- Lechner noted that "necessary price increases due to historically high cocoa prices" led to weaker order volumes in seasonal businesses, prompting a hiring freeze.
- Following the warning, Lindt shares opened more than 5% lower as Vontobel analysts called it the "second cut within six months," damaging the company's reputation.
- Despite the immediate warning, Lindt maintained its medium-term targets of 6% to 8% organic sales growth and expects adjusted pricing and innovations to drive positive volume growth in 2027.
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13 Articles
13 Articles
For the second time this year, the Executive Board is correcting the revenue forecast downwards. Is Lindt no longer available to consumers?
·Zürich, Switzerland
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Lindt has cut its annual revenue growth forecast for the second time this year, as demand in the company's key markets remains weak and consumer sentiment remains subdued, Bloomberg reports.
·Budapest, Hungary
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Shein with a break in profits and a slow growth +++ Südzucker increases profit and specifies annual forecast +++ Hellofresh cuts profit target +++ The newsblog.
·Düsseldorf, Germany
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Total News Sources13
Leaning Left0Leaning Right3Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
C 57%
R 43%
Factuality
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