Hotel Chocolat shares gain as full year results exceed estimates
Liberum maintained a 'buy' rating on Hotel Chocolate, saying the results were 4.5% ahead of expectations
Company
Hotel Chocolat Group PLC
LON:HOTC
Hotel Chocolat is a vertically integrated chocolatier, manufacturing and retailing premium chocolate and chocolate-related products direct to customers. The Group sells its products online and through a network of 84 stores in the UK and abroad, and in the year ended 28 June 2015 had an audited revenue and EBITDA of £81.1 million and £7.9 million respectively. The business was founded in 1993 by Angus Thirlwell and Peter Harris and has traded under the Hotel Chocolat brand since 2003.
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