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Chocoladefabriken Lindt & Spruengli AG (XSWX:LISN) Allowance For Loans And Lease Losses


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What is Chocoladefabriken Lindt & Spruengli AG Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Chocoladefabriken Lindt & Spruengli AG (XSWX:LISN) Business Description

Address
Seestrasse 204, Kilchberg, CHE, CH-8802
Swiss-based Chocoladefabriken Lindt & Spruengli is a manufacturer of premium chocolate. Key brands include Lindt, Lindor, Ghirardelli, Russell Stover, Whitman's, and Caffarel. The company bought U.S.-based Russell Stover, its largest-ever acquisition, in 2014. It derives the bulk of its sales from Europe (46% of its consolidated base) but also competes in North America (41%) and the rest of the world (13%). The company operates 11 manufacturing plants in Europe and the United States. Its distribution network includes 500 own stores.