Hotel Chocolat enjoys half-year sales and profit boost

| February 23, 2018

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A successful Christmas trading period has allowed Hotel Chocolat to record a 15 per cent uplift in both revenue and profits during its first half. In the six months to 31 December, the chocolate retailer’s revenue grew to £71.7 million while underlying EBITDA increased to £15.8 million and pre-tax profit came in at £12.9 million. Hotel Chocolat said it experienced strong sales across its retail, digital and corporate channels. Online growth was attributed to Hotel Chocolat’s own website as well as through new third-party retail partnerships with Amazon and Ocado. Hotel Chocolat also opened 10 new stores during the half-year period – including its first ever retail park location and a new flagship at Oxford’s Westgate shopping centre – which contributed five per cent to the company’s sales growth.

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