Lindt delivers steady sales, launches share buyback
July 23 (Reuters) -Lindt & Spruengli LISN.S posted first-half organic sales of 2.16 billion Swiss francs ($2.43 billion) on Tuesday, in line with expectations, as customers bore the brunt of cocoa prices trading close to their historical highs.
Analysts polled by LSEG were expecting sales of 2.1 billion francs.
The Swiss chocolate maker also said it was starting a new share buyback programme of up to 500 million francs.
($1 = 0.8888 Swiss francs)
Reporting by Paolo Laudani and Marleen Kaesebier in Gdansk; editing by Milla Nissi
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