Zetar has said that it is “confident” on delivering full-year growth, having posted a 6% increase in first-half sales.
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In a trading update, the UK confectioner and snack maker said that sales in the first six months of the year to 31 October rose to GBP56.8m (US$94.6m), up from GBP53.6m in the comparable period of last year.
The company said that its continuing focus on cash management has resulted in a reduction in net debt, to GBP28.3m, down from GBP30.5m.
Zetar said that trading had been in-line with expectations.
“The board remains confident of delivering growth for the full year whilst recognising the important contribution of Christmas and Easter to the second half,” the group said.
Zetar is scheduled to announce its full results for the six months in January 2010.
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By GlobalData
