Premium chocolatier Lindt has revealed a tough first half’s trading in the economic downturn, with organic sales edging up by just 0.2%.

The confectioner said it was confident in its business model and would achieve full-year profit and sales targets despite a 5.4% fall in sales and a 28% drop in operating profits before exceptional items.

Lindt said falling margins were due to its decision to absorb part of the rising cost of cocoa to avoid significant price rises.

It said this decision had resulted in increased market share for the business.