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Lindt report good first half despite rising costs

This article was originally published in Foodnews

SWISS chocolate manufacturers Lindt & Spruengli have reported a positive first half to 2010. While cocoa prices blighted the chocolate industry, an increase in demand for the company's chocolates helped to offset this. Despite moderate and patchy pick up in the overall chocolate market, rising cocoa prices and the strength of the Swiss currency Lindt said it had recorded double digit growth in North America, and "important progress" in Europe and Asia, as well as in the duty free travel business.



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