At 4:06 am (0806 GMT), Lindt&Spruengli was trading 2.8% higher at CHF 109,200. Barclays, which had previously rated Lindt as “equal weight,” has now raised the rating to “overweight ...

Cocoa prices began the year at record high levels, peaking at $10.75 per kilogram in January, due to poor West African harvests and supply disruptions. However, New York cocoa futures fell 4% last ...

Lindt & Spruengli AG warned that the premium imposed by the world’s largest cocoa growers in West Africa will give chocolate manufacturers little choice but to raise their prices. Ivory Coast ...

Ghanaian children help produce cocoa for Swiss chocolate manufacturer Lindt & Sprüngli, according to a recent report ... recorded 53,839 children working for roughly 250,000 farmers in West Africa.

Lindt’s Lechner said “the magnitude of these increases in raw material forced us, also, in the last years, ... and pest outbreaks in West Africa that caused a supply deficit.

Chocolate prices in the EU have surged by 11.1% on average over the past year, driven by tripled cocoa costs due to supply disruptions in West Africa. Swiss chocolate producer Lindt is expected to ...

Easter egg prices are higher this year as climate change hits cacao crops. Popular brands like Maltesers, Lindt and Ferrero Rocher have jumped upwards of 50 per cent in price compared to last year ...

FILE - Cocoa pods hang on a tree in Divo, west-central Ivory Coast, Nov. 19, 2023. With exports from the Ivory Coast, the world's top producer, down by a third in recent months, the global price ...

ZURICH: Lindt & Spruengli AG warned that the premium imposed by the world’s largest cocoa growers in West Africa will give chocolate manufacturers little choice but to raise their prices.