Chocolate-Maker Lindt Sees Slower Growth After Bottlenecks Bite

Chocolate-Maker Lindt Sees Slower Growth After Bottlenecks Bite
Staff members prepare chocolate at the Lindt Cafe in Martin Place, Sydney, on March 20, 2015. Lisa Maree Williams/Getty Images
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ZURICH—Swiss chocolate maker Lindt & Spruengli expects sales of its upmarket chocolates to grow less in 2022 than last year, it said on Tuesday, and blamed supply chain bottlenecks for a slowdown in late 2021 in North America.

The maker of the best-selling Lindor chocolate balls, which has maintained spending on advertising and new products throughout the COVID-19 pandemic, said market share gains boosted organic sales by 13.3 percent last year.