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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Thorntons | LSE:THT | London | Ordinary Share | GB0008901935 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 142.875 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:7421H Thorntons PLC 25 January 2005 25 January 2005 THORNTONS PLC SALES TRADING STATEMENT 28 WEEKS ENDED 8TH JANUARY 2005 Thorntons PLC, the speciality retailer and manufacturer of high quality chocolate, toffee and other sweet foods, today reports sales figures for the 28 weeks ended 8th January 2005. * Total company sales increased by 9.5% to #119.7m. * Own shop sales declined by 0.3% to #85.4m on an estate of 377, eleven fewer shops than last year. * Own Shop like-for-like sales for the half year were up 0.8%. Sales in the four weeks to Christmas, on a like for like basis, were down by 0.5%. * Franchise sales were up by 9.3% to #8.6m but there were 20 more outlets than in the first half last year. On a like-for-like basis sales were down 4.1%. * Commercial sales accounted for almost all of the increase in Group sales in the first half. Thorntons products sold to other retailers increased by #9.8m to #13.4m, an increase of 270% on last year. Private label commercial sales rose by 2.7% to #9.1m. * Thorntons Direct sales declined by 2.1% to #3.2m. Christopher Burnett, Chairman, commented: "Christmas trade in our own shops began slowly compared with last year, but picked up strongly in the final few days. Significant growth in the sale of Thorntons products into other retailers was anticipated by management and factored into our plans. Based on our expected interim results, and barring any unforeseen circumstances, we would anticipate the results for the full year to be in line with management's expectations" . Thorntons PLC will be announcing their Interim Results on Tuesday, 22nd February 2005. For further information, please contact: Christopher Burnett - Executive Chairman, Thorntons PLC 01773 542339 Peter Burdon - Chief Executive, Thorntons PLC John Wall, Finance Director - Thorntons PLC Charles Ryland / Nicola Cronk - Buchanan Communications 020 7466 5000 (1) Interim Sales Analysis First Half Sales First Half Sales Full Year Sales 2004/05 2003/04 2003/04 #m #m #m Own Shop 85.4 85.8 136.8 Franchise 8.6 7.8 12.9 Private label commercial 9.1 8.8 13.7 Thorntons branded commercial 13.4 3.6 10.0 Thorntons Direct 3.2 3.3 5.3 Total 119.7 109.3 178.7 (2) Comparison of 2004/05 sales with the previous year 28 weeks ending 28 weeks ending Full Year 08-Jan-05 10-Jan-04 2003/04 Own Shop -0.3% 2.4% 2.2% Franchise 9.3% 1.3% 4.9% Private label commercial 2.7% 6.0% 8.7% Thorntons branded commercial 270.0% 140.0% 222.6% Thorntons Direct -2.1% -2.9% 0.0% Total 9.5% 4.4% 6.9% Own Shops like-for-like 0.8% 2.5% 2.6% (3) Changes in the Retail estate can be summarised as follows Opening number 378 389 389 New shops 3 2 3 Resites 0 0 0 Closures -4 -3 -14 Closing number 377 388 378 Franchise shops trading 221 201 203 Royalties from licensed products (#'000) 260 248 412 This information is provided by RNS The company news service from the London Stock Exchange END TSTBIMRTMMJTBIA
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