British chocolate maker Thorntons yesterday posted a 47% rise in half-year profits after its seasonal confectionery sold better than expected over the Christmas period.
Following poor performance in 2011, the luxury chocolate manufacturer announced that it was seeking to increase its online sales while outsourcing warehousing and distribution activities in order to save £2m. At the time, although the company had experienced an increase in sales of 1.7%, pre-tax profits decreased by 38% from £6.9m in 2010 to £4.3m…
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