Finance
Lindt CFO says transport and packaging costs will go up
Published by Global Banking & Finance Review®
Posted on March 10, 2026
1 min readLast updated: March 10, 2026
Quick Summary
Lindt CFO Martin Hug warned on March 10, 2026 that rising oil-linked packaging and transport costs pose risks, even as cocoa prices ease. He noted a possible short-term correction in cocoa markets amid cost pressures from fuel. Lindt posted solid 2025 results, including 12.4% organic sales growth an
Lindt CFO: Higher Oil Prices Will Raise Transport and Packaging Costs in 2024
Impact of Oil Prices and Market Uncertainty on Lindt's Costs
KILCHBERG, Switzerland, March 10 (Reuters) - Swiss chocolate maker Lindt & Spruengli said it was difficult to say how cocoa prices could develop this year, although packaging and transport costs could rise due to higher oil prices, CFO Martin Hug said on Tuesday.
Uncertainty in Cocoa Price Development
"It's difficult to say where the market will go. It would not surprise me if we had a bit of a correction in the next few weeks," Hug told journalists after Lindt reported its full year figures.
Other Cost Pressures Beyond Cocoa
"Even though cocoa bean prices are coming down, of course there are, in the current environment, other costs that may go up and will go up," Hug said, referring to fuel prices, which increase transport and packaging costs.
Reporting and Editorial Credits
(Reporting by John Revill, Editing by Miranda Murray)
Key Takeaways
- •Lindt CFO flags upward pressure on packaging and transport costs due to higher oil prices, despite easing cocoa prices.
- •Lindt’s 2025 performance was strong: CHF 5.92 billion in sales (+12.4% organic) and a 19% increase in selling prices to offset input costs.
- •Analysts see continued risks ahead—volatile cocoa markets, tight supply, and elevated commodity-linked costs may challenge margins in 2026.
Frequently Asked Questions about Lindt CFO says transport and packaging costs will go up
1Why are Lindt's transport and packaging costs expected to rise?
Lindt's CFO stated that higher oil prices are likely to increase transport and packaging costs despite falling cocoa prices.
2How might cocoa prices evolve according to Lindt's CFO?
Lindt's CFO said it is difficult to predict cocoa prices, but he would not be surprised by a short-term correction.
3What other factors are impacting Lindt's costs besides cocoa prices?
Higher fuel prices, which raise transport and packaging costs, are among the factors impacting Lindt's expenses.
4Who made the statements regarding cost increases at Lindt?
The comments about rising costs were made by Lindt & Spruengli CFO Martin Hug.
