Lindt blames price increases, hot weather on demand slump
The company, officially known as Chocoladefabriken Lindt & Sprüngli, said it now expects to grow organic sales by up to 2% this year, down from earlier guidance of a 4-6% increase. The EBIT margin guidance of a 20-40 basis-point improvement has been maintained.Lindt & Sprüngli partly attributed the…