German chocolate producer Halloren has seen first-quarter sales leap almost 23% due to double-digit growth from its confectionery business.

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The company posted turnover of just under EUR7m (US$9.5m) for the first three months of the year. Halloren’s earnings more than doubled to EUR980,000.


Halloren, billed as Germany’s oldest chocolate maker, floated last month and chief executive Klaus Lelle said the listing has positioned the company to make further acquisitions.


Lelle said: “Thanks to the proceeds from our successful stock exchange listing, we are in a position to buy additional brands and companies.”

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