0714 GMT - Chocoladefabriken Lindt & Spruengli stood out during past six months, when record cocoa prices and a challenging consumer backdrop posed the ultimate test for chocolate brands, Morgan Stanley analysts say in a research note. A strong share performance by the Swiss chocolatier in the year to date left many investors wondering about the prospects for the stock, Morgan Stanley says. However, the past six months proved the robustness of Lindt's brands and business model and consensus expectations on Lindt's earnings face limited risks, the analysts say. "Its ability to defend its FY25 guidance is also attractive in the current backdrop where corporate earning pressures have increased, and cocoa market risks are also rolling over," the analysts say. Shares rise 1.4% and are up 29% since the start of 2025. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

May 30, 2025 03:14 ET (07:14 GMT)

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