UK: Glisten reports ‘very good’ start to the year
UK confectionery, snack foods and specialist ingredients group Glisten has said it has made a "very good" start to the current year, with overall turnover for the first four months more than double last year and, on a like-for-like basis, up by 13% - both of which are in line with the company's expectations.
"We expect the second half to be underpinned by a number of new product and customer listings, as well as the further development of the sales potential from products acquired via the group's recent acquisitions, Halo Foods and Nimbus Foods," said chairman, Jeremy Hamer.
"Against this background we look forward to the remainder of the current year with confidence," he added.
Glisten's principal activities are the manufacture of chocolate and sugar-based confectionery, edible decorations, specialist confectionery ingredients and - through the December 2004 acquisition of Halo Foods - cereal and health bars.
Confectionery and snack foods group Glisten Plc has announced its acquisition of the entire issued share capital of Lyme Regis Fine Foods Limited....
UK confectionery, snack food and specialist ingredients group Glisten has said turnover increased 99% to £41.2m (US$75.2m) for the year to 30 June 2005....
The Co-operative Group has announced the appointment of Guy McCracken as chief executive of food retail....
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