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
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Full Year 2019 Chocoladefabriken Lindt & Spruengli AG Corporate Sales Call Transcript

Jan 14, 2020 / 09:00AM GMT
Martin Hug
Chocoladefabriken Lindt & Sprüngli AG - Group CFO, Head of Sustainability Executive Team & Member of Group Management

Ladies and gentlemen, good morning, everybody. It's my pleasure to welcome you to the telephone conference for Lindt & Sprüngli's 2019 sales results. As you might have noticed, this is the first time that we have done a conference call after the release of the sales results in January. And the reason for this is to give us the opportunity to discuss some one-off factors affecting 2019 profit and, more importantly, our new streamlining for growth initiatives in the United States.

During the presentation, I will provide some additional comments on the charts that were uploaded this morning to our website. I will guide you through the slides via a webcast. The presentation will take approximately 10 minutes, after which, I will hand over to the operator, who will then administer a Q&A session. Let's move to the agenda.

During the presentation, I will cover the following topics. The sales performance for the full year '19. After that, a chapter

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