Trading Update
January 03 2006 - 10:35AM
UK Regulatory
RNS Number:3795W
Thorntons PLC
03 January 2006
For Immediate Release 3 January 2006
Thorntons PLC
Christmas Trading Update
Thorntons PLC ("Thorntons") the manufacturer, retailer and distributor of high
quality confectionery and other sweet foods, reports today on trading progress
for the 26 weeks up to and including Saturday 24th December.
On 12th October, in the AGM trading update, we reported that for the first 15
weeks of the current financial year to 8th October 2005, sales were 4.8% below
the previous year and own shop like-for-like sales were down 4.4%.
The challenging retail climate has continued from that date and through the key
Christmas period which historically accounted for about 60% of Thorntons first
six months sales. As a result, sales for the 26 weeks up to and including
Saturday, 24th December at #109.5m were 6.5% below the previous year, and
specifically own shop like-for-like sales were down 4.9%.
A detailed interim trading statement covering all sectors of the business for
the 28 weeks to Saturday, 7th January 2006 will be issued on Tuesday, 17th
January 2006.
Discussions with regard to a possible offer for Thorntons are continuing,
although there can be no certainty that any offer will be forthcoming.
For further information, please contact:
Thorntons PLC 01773 542339
Christopher Burnett, Executive Chairman
Peter Burdon, Chief Executive
John Wall, Finance Director
Buchanan Communications 020 7466 5000
Charles Ryland
Nicola Cronk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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