Energy and raw material prices weigh on Ritter Sport’s results
High energy and raw material prices weighed on the results of the chocolate manufacturer Ritter Sport last year. Although he rose Sales volume by around seven percent 538 million euros, as the company from Waldenbuch (Boeblingen district) announced on Wednesday. However, the result was “really heavily” burdened, said a spokesman when asked. The company did not provide any information on the annual result. However, no loss was madesaid the spokesman.
According to the announcement, international business continues to grow strongly. Accordingly, the share of sales abroad was 58 percent. Russia remains the company’s strongest sales market abroad, the spokesman said.
Despite the war in Ukraine, Ritter Sport continued to deliver chocolate to Russia and was sharply criticized for this last year. As announced, the company donated the profits from the Russian business to humanitarian aid organizations, the spokesman said.