Baden-Württemberg: Despite document gross sales – Ritter Sport is slipping into the crimson | EUROtoday

The chocolate producer Ritter Sport was within the crimson final 12 months regardless of considerably greater gross sales. The working end result remained effectively under expectations, because the household enterprise in Waldenbuch close to Stuttgart introduced. The loss was primarily attributable to sharp will increase in uncooked materials prices. When requested, a Ritter Sport spokesman didn’t present particular details about the quantity. The end in 2024 was already beneath stress, however nonetheless optimistic.

Last 12 months, nevertheless, gross sales climbed by round 17.7 p.c to 712 million euros – after 605 million euros within the earlier 12 months. These are subsequently preliminary figures adjusted for trade fee results. However, the rise couldn’t compensate for the “massive cost increases” alongside your complete worth chain.

Price of the goodies have been additionally elevated

“Sales do not equal profits – what matters is whether a company can sustainably cover its costs,” stated Ritter Sport boss Andreas Ronken. In current years, costs for cocoa, vitality, logistics and packaging specifically have risen considerably. “This cost inflation has a time-delayed and full-force impact on the result.”

According to the knowledge, the Swabians have additionally elevated the costs for the sq. chocolate bars. However, solely a part of the prices may have been handed on to retailers. The chocolate market in Germany specifically may be very worth delicate, which has led to a decline in gross sales, stated Ronken. The gross sales development is the results of greater gross sales costs coupled with declining volumes.

Ritter Sport is subsequently engaged on simplifying value constructions, lowering complexity and prioritizing investments extra strongly. It was initially unclear whether or not positions could possibly be accessible on the firm sooner or later. Around 1,900 folks all over the world just lately labored for the producer.