The price hike is due to a shortage of cocoa from farms in major cocoa-producing countries in West Africa. A series of ...

Sarris says that he, along with chocolatiers everywhere have been dealing with a significant increase in the cost of cocoa, the key ingredient in their products. "What role does cocoa play in ...

Switzerland's Lindt reported a slightly better than expected full-year operating profit on Tuesday, as it fares through historically high cocoa prices.

Ghana’s illegal gold mining sector, locally called ‘galamsey’, is having a significant impact on cocoa prices, the FT ...

Rising temperatures, erratic rainfall, and other climate impacts are throttling cocoa production and driving up chocolate prices.

He highlighted strong performance across developed and emerging markets, despite challenges such as cocoa cost inflation. Mondelez generated $3.5 billion in free cash flow for 2024, which includes ...

Many chocolatiers can’t go for the usual profit margins and turn all the extra costs of the cocoa prices over to their customers. Persoone said that his chocolates increased in price by 20% over ...

In fact, the cost of chocolate might put a bitter taste in your mouth.“This Valentine’s Day expect prices for chocolate treats to increase around 10-20% over last year as the price of cocoa ...

Mondelez sees 4.3% organic growth in 2024 but faces margin pressures from soaring cocoa costs. Discover 2025 outlook & ...

And even in the face of unrelenting cost pressures (particularly for sugar and cocoa, which are poised to dampen gross margins by 650 basis points-700 basis points in fiscal 2025), we think ...

"Tight cost control, efficiency gains, process optimization and price increases offsetting higher cocoa costs contributed to the increased profitability," the chocolate maker said in a statement.