Hotel Chocolat enjoys another strong year with 12% revenue jump

Hotel Chocolat annual revenues

Hotel Chocolat has recorded a jump in annual revenue and announced that it expected trading to be in line with expectations.

In a trading update for the 52 week period ending July 1, the chocolate retailer posted a 12 per cent year-on-year increase in full-year revenues to £116 million.

It attributed its performance to a boost from opening 15 new stores throughout the year, which contributed six per cent to year-on-year sales.

The chocolatier also attributed its results to growing online transactions, recording 200,000 new buyers.

Hotel Chocolat added that profits would be “in line with expectations” when it published preliminary results on September 27.

It also also said that it has developed a number of innovative new products for the upcoming autumn-winter season.

Hotel Chocolat co-founder and chief executive hailed praised the results as a “another strong year” for the retailer.

“Customers are continuing to respond well to our luxury brand and lifestyle propositions,” he said.

“During the recent heatwave in the UK, our new Chilled Chocolat drinks, unique Chocs to Chill, Ice Cream of the Gods and improved Cocoa Beers have been very popular.”

He added: “The deep knowledge of our School of Chocolate-trained retail teams and our experiential Chocolate Lock-in sessions continue to underpin the allure of our multi-channel model.”

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