How Far Can Lindt & Sprüngli Push This Trade-Off Before It Breaks

CHF 2.33 billion in sales, built on 11.8% price and a 7.5-point volume hit.

Jul 21, 2026

∙ Paid

People walk on a snowy street past illuminated shops. — Photo by annnit on Unsplash

Lindt & Sprüngli grew organic sales by 4.3% in the first half of 2026. It got there by raising prices 11.8% and losing 7.5% of its volume. That trade is the real story of this earnings period, and it is not just a Lindt story.

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