Lindt expects 5-7 percent growth this year as U.S. troubles persist

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Lindt expects 5-7 percent growth this year as U.S. troubles persist
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Swiss chocolate maker Lindt & Spruengli said on Tuesday it expected organic sale...

Products of Swiss chocolatier Lindt & Spruengli are seen on display at the annual news conference in Kilchberg, Switzerland March 6, 2018. REUTERS/Arnd Wiegmann

Chocolate makers are grappling with saturated European and U.S. markets and a trend towards healthier snacking, but Lindt is growing faster than peers as it taps new markets in Asia and Africa and expands its own retail network. The maker of Lindor chocolate balls said it had made substantial investments in North America “to lay the foundation for profitable sales growth”, but did not say whether it expected improvements starting this year.

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