Lindt delivers steady sales, launches share buyback

SWISS chocolate maker Lindt & Spruengli 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 historically high cocoa prices.

Price increases in the mid-single-digit percentage range contributed to the 7 percent sales growth in the first six months of the year, the maker of chocolate bunnies and teddy bears said.