ZURICH (Reuters) -Swiss chocolate maker Lindt & Spruengli on Tuesday confirmed its 2021 margin guidance and said it wanted to grow sales by 5-7% this year after market share gains helped organic sales rise 13.3% in 2021.

The global chocolate market recovered last year, and Lindor, the manufacturer of Lindor chocolate balls said that it was able to take over the majority of its competitors’ market shares.

According to a statement, Lindor’s range performed well. It saw double-digit increases in Europe’s most important markets, such as Germany, Italy and Britain. The company is located in Kilchberg near Lake Zurich.

Lindt stated that “Important growth factors were the continuing high demand for products to home and a recovery of products for gift-giving occasions.” Lindt added that online sales saw double-digit growth, while its stores still suffered from pandemic-related restrictions.

Sales for the full year rose to 4.59 Billion Swiss Francs ($5.01Billion), surpassing a Refinitiv poll estimate of 4.55 billion. For 2021, the company expects to have an operating margin of around 14%. The company will release its full results on March 8.

Lindt plans to grow sales in 2022 to reach its long-term objective of 5-7% annually with an operating margin of 15%. The company stated that it plans to grow the operating margin by between 20-40 basis point over the coming years.

($1 = 0.9154 Swiss francs)