Chocoladefabriken Lindt & Spruengli AG (XSWX:LISPE)
CHF 10140 110 (1.1%) Market Cap: 23.23 Bil Enterprise Value: 24.51 Bil PE Ratio: 33.96 PB Ratio: 5.31 GF Score: 74/100

Half Year 2019 Chocoladefabriken Lindt & Spruengli AG Earnings Call Transcript

Jul 23, 2019 / 08:00AM GMT
Martin Hug
Chocoladefabriken Lindt & Sprüngli AG - Group CFO, Head of Sustainability Executive Team & Member of Group Management

Good morning, everybody. Ladies and gentlemen, it is my pleasure to welcome you to the Lindt & Sprüngli Teleconference we are holding on the occasion of half year results 2019. During the presentation, I will give some additional comments to the charts that were uploaded this morning to our website. I'll guide you through the slides by webcast to result. Presentation will take approximate 20 minutes. Following the presentation, I will hand over to the operator, who then will organize the question-and-answer session.

With regards to the agenda, we will talk about performance highlights of the first half 2019. Then I will go more into the on detail on the P&L and the balance sheet details for the first half, and then I will give you a short outlook as well for 2019. And then we will do the Q&A.

So let's move on to the performance highlights. Starting with the P&L statement. We go first into the overview of the results. Organic growth

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