High-end Swiss chocolatier Läderach rules out U.S. production despite tariff shock [CNBC]
Novo Nordisk A/S (NVO)
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Source: CNBC
The Swiss chocolatier faced a shock over the summer as U.S. tariffs on Swiss imports jumped to 39%, though they have since settled at 15%. The levies came on top of further headwinds such as a strong Swiss franc and skyrocketing cocoa prices. A Laderach Chocolatier Suisse store in New York, US, on Monday, Aug. 4, 2025. Photographer: Michael Nagle/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Family-run Swiss company Läderach is committed to producing its luxury chocolate exclusively in its home country, even after being hit by U.S. tariffs that briefly surged to nearly 40%. CEO Johannes Läderach categorically stated “never” when asked if the company ever considered opening a production site in the U.S. to circumvent export duties. “Frankly, consumers want Swiss chocolates to be made in Switzerland, like Swiss watches should be made in Switzerland,” he told CNBC's Carolin Roth. The company, which produces its chocolate by hand, faced a shock over the su
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NVO
Earnings
- 11/6/25 - Beat
NVO
Sec Filings
- 11/25/25 - Form 6-K
- 11/24/25 - Form 6-K
- 11/17/25 - Form 6-K
- NVO's page on the SEC website