THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Hotel Chocolat posts half year sales and profit uplift

Hotel Chocolat has posted an increase in half  year sales and profit following success in growing its active customer base. In the six months 26 December, … View Article

FOOD & DRINK

Hotel Chocolat posts half year sales and profit uplift

Hotel Chocolat has posted an increase in half  year sales and profit following success in growing its active customer base.

In the six months 26 December,  group revenue increased by 40% year-on-year to £142.9 million following strong multichannel growth in the UK, US and Japan.

Meanwhile, pre-tax profit climbed by 56% to £24.1 million and underlying EBITDA rose by 35% to £33.8 million.

Angus Thirlwell, co-founder and chief executive of Hotel Chocolat, said: “I am delighted that we have achieved a great set of results both in terms of sales and profits, indicating the global strength of the Hotel Chocolat brand and our direct-to-consumer business model. These results enable continued new job creation based in our British manufacturing operations, as well as roles in technology and multichannel retailing.”

During the period, the company increased its UK active customer base by 38% to 2.3 million. Hotel Chocolat said this was achieved through its ability to see the behaviours of a wide church of customers across multiple different cohorts and to adapt its conversations accordingly.

Hotel Chocolat said trading since the period end has been in line with expectations.

Looking ahead, Thirlwell added: “A focus on bringing happiness through chocolate in every aspect of our business model will further strengthen and nurture the appeal of our brand, helping us achieve our goal of becoming the leading global direct-to-consumer premium chocolate brand.”

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >