Lindt & Sprüngli provided earnings guidance for the year 2020, 2021 and 2022. For the year, organic sales in the full financial year to be around 5-7% lower than 2019, while the operating profit (EBIT) should be around 10%. The current uncertainty obviously makes the outlook for the current year much less predictable than in the past. For the coming years, Lindt & Sprüngli confirms its existing mid-to long-term organic sales growth target of 5-7% p.a. It should be possible to exceed this range in 2021 due to the expected catch-up effect. Lindt & Sprüngli expects operating profit to return to the level of around 15% in 2022/23, which should also allow the operating margin to improve again by 20-40 basis points p.a. in the medium to long term.