The British chocolate maker Thorntons Plc has reported that it expects a full-year pre-tax profit to rise to approximately 51%, in line with market expectations.
Thorntons said its UK commercial channel had also returned to double-digit sales growth in its fourth quarter.
The company is expecting its pre-tax profit before exceptional items to rise up to £7.1 million for the year ended June 28 which is up from £4.7 million last year.
Thorntons reported a 7.6 percent drop in the third-quarter sales, hurt by early spring deliveries in the second quarter and lower UK commercial sales.