UK confectionery firm Glisten has said turnover for the first four months of its financial year was 45% ahead of last year, an increase of 8% on a like-for-like basis.
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Company chairman Jeremy Hamer described early demand for the important Christmas period as “very encouraging”.
“We expect the second half to be underpinned by a series of new product listings at existing and new customers as well as the further development of the sales potential of the products acquired with the group’s recent acquisitions. We also expect to benefit from the impact of last year’s capital expenditure programme,” Hamer said.
“Against this background, we look forward to the remainder of the current year with confidence,” he added.
Glisten Confectionery, based in Blackburn, makes chocolate- and sugar-based confectionery, edible decorations and confectionery ingredients. Its products include chocolate-coated raisins, peanuts and brazils, mint imperials, popcorn, mini-eggs and sugar-coated almonds.
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By GlobalDataIn January 2004 Glisten acquired F.Fravigar Ltd, which manufactures a wide range of confectionery including wine gums, fruit pastilles, jelly beans, traditional boiled sweets, toffees and fudge.
