By Hugh Radojev2 March 2022
Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
For the period covering 26 weeks to December 26, 2021, the chocolate specialist reported a 56% increase in profit before tax to £24.1m and a 40% increase in revenue to £142.9m.
For the same period, underlying EBITDA increased 35% to £33.8m, while net cash finished the period at £53.8m.
Hotel Chocolat reported a 38% increase in its active UK database to more than 2.3 million customers during the period.
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Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
https://www.retail-week.com/grocery/hotel-chocolat-on-a-high-as-profits-outstrip-sales-growth/7041443.article