Lindt Tumbles After Cutting Guidance for Sales Growth

Lindt & Spruengli AG raised its prices by 19% in 2025 after cocoa costs reached record highs. — Lindt & Spruengli AG raised its prices by 19% in 2025 after cocoa costs reached record highs.
Photographer: Stephen Kelly/Bloomberg

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By Isabel Demetz and Paula Doenecke

March 10, 2026 at 8:59 AM UTC

Updated on

March 10, 2026 at 12:22 PM UTC

Lindt & Spruengli AG fell by the most in almost 20 years after the Swiss chocolatier lowered its full-year sales guidance, citing geopolitical turmoil.

The company’s participation certificates tumbled by 11% in Swiss trading, the biggest intraday drop since 2006. The decline erased the gains for this year.