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LDSVF

Chocoladefabriken Lindt & Sprungli AG.

http://www.lindt-spruengli.com/

CEO

Dieter Weisskopf

Industry

Chocolate and Confectionery Manufacturing from Cacao Beans

Open

11350.00

Mkt cap

26B

Volume

High

11350.00

P/E Ratio

34.16

52-wk high

13370.50

Low

11350.00

Div yield

0.01

52-wk low

11180.00

Cocoa prices have surged over 100% in the past year, reaching over $5,500 per tonne due to supply challenges in West Africa, particularly from Ivory Coast and Ghana. This increase is attributed to diseases and adverse weather conditions, along with rising freight rates amid tensions in the Red Sea area. The U.S., being the largest chocolate market, is affected, with companies like Mondelez International Inc. (MDLZ), The Hershey Company (HSY), and Lindt & Sprüngli AG (LDSVF) potentially facing higher costs.

Portfolio Pulse from Piero Cingari

February 14, 2024 | 9:30 pm

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