Swiss chocolate maker Lindt will increase prices again in 2025

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March 4, 2025 4:36 AM EST

FILE PHOTO: Lindt chocolate is seen in their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File Photo

ZURICH (Reuters) - Swiss chocolate maker Lindt & Spruengli will increase its prices in the double digit percentage range during 2025 to offset high cocoa prices, Chief Financial Officer Martin Hug said on Tuesday.

Lindt increased it prices by 6.3% in 2024, but that was not enough to offset the steep price increase for cocoa beans, he said.

"Going forward we will need further price increases.... we will do double-digit price increases in 2025," Hug told reporters after the company reported its full year results.

"Chocolate in the future will be more expensive than it has been two or three years ago. That's not just Lindt chocolate, that's chocolate in general," he added.

(Reporting by John Revill; Editing by Madeline Chambers)


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