UK chocolate manufacturer and retailer Thorntons has announced that the profitability it will announce for its fourth quarter will be ahead of market expectations of £4.6m.
At the time of its trading update on 24 April, Thorntons said that, as a result of growing market share and improvement in margins due to actions taken over the past two years, there was potential for further profit improvement in the final quarter. The company reports that a combination of sales growth and careful cost management has enabled the additional profit potential to be realised.
