Chocolate-maker Lindt posts tasty profit
Published: 21 Aug 2012 10:36 GMT+02:00
Swiss chocolate-maker Lindt and Sprüngli said on Tuesday its 2012 first-half net profit rose 14 percent on the same period in
2011 to 36.6 million francs ($37.7 million) despite difficult conditions in Europe and the United States.
The company saw gains in all key sectors of its business with sales up 5.3 percent to 1.03 billion francs compared with the first six months of 2011, it said in a statement.
Earnings before interest and tax were up 16 percent to 48.7 million francs for the chocolatier, which indicated that its medium and long-term sales and profit forecasts remained unchanged.
By the end of the year Lindt and Sprüngli expects organic growth levels of between 6 and 8 percent, it added.
The town of Le Locle is a watchmaking centre. Photo: Neuchatel Tourism
Burglars have stolen a number of valuable items from the watch museum in Le Locle, in the canton of Neuchâtel, just two months after a similar incident in nearby La Chaux-de-Fonds.
The Thai Airways flight continued to Bangkok. Photo: Faisal Akram
Passengers on a flight from Zurich to Bangkok were forced to tie up a drunk Swiss man who caused a fracas during the journey.
The solar-powered plane lands in Hawaii. Photo: Eugene Tanner/AFP
The team behind the sun-powered Solar Impulse 2 plane, piloted by two Swiss men, said on Tuesday that it needed an additional 20 million euros ($22 million) to complete a historic round-the-world flight after battery damage grounded it for months.
Residents are advised to avoid drinking the water in Le Locle. Photo: Neuchatel Tourism
Authorities in Swiss watchmaking town Le Locle, where a mystery stomach bug has laid low up to 1,000 residents, have confirmed the presence of E.Coli bacteria in the water supply.
Steve Guerdat and Nino des Buissonnets compete in La Baule in May. Photo: Jean-Sebastien Evrard/AFP
Swiss rider Steve Guerdat, the individual show jumping gold medallist at the 2012 London Olympics, is free to compete again after the international equestrian federation (FEI) announced on Monday they would lift a provisional ban.
EXPAT GUIDE | Presented by Greenback
Tax season is daunting enough at home – let alone in a foreign country. That’s why expats David and Carrie McKeegan started Greenback, the tax company designed specifically for American expats. The Local talked to the couple about how to handle taxes in Switzerland.
David Guetta brought the festival to a close. Photo: L Flusin/Paleo
The 40th edition of Nyon’s Paléo festival came to an end on Sunday on a positive note, with no major incidents and an overall reduction in crime, according to figures released on Monday by Vaud cantonal police.
Photo: The Local
UBS, Switzerland's largest bank, on Monday posted second quarter profits of 1.2 billion Swiss francs ($1.25 billion, 1.1
billion euros), a 53 percent rise over the same period last year, which beat expectations.
Police arrested the suspects at Yverdon train station. Photo: Roland Zumbuhl (picswiss)
Two suspects are being held in custody after the battered body of a 53-year-old man was found near the port of Yverdon-les-Bains in the early hours of Friday, Vaud cantonal police announced on Sunday.
The Unesco World Heritage Site of Le Locle is Switzerland's third smallest city. Photo: Swiss Tourism
Residents of the Swiss city of Le Locle, world famous for its watch production, have been laid low by a nasty infection with authorities warning people not to drink the water.