Natural snacks group Glisten has unveiled a 21% rise in
operating profits for the year to 30 June to ?8m.
Sales were up by 26% over the 12-month period to a new
mark of ?73.8m, buoyed by almost ?12m by the
acquisitions of nuts business Dormen and snacks group
Snacks Unlimited.
"We have progressively driven our business towards those
areas of snacking which we believe have long-term
potential - including specifically the healthier and
premium sectors," said chief executive Paul Simmonds.
"We do recognise that some consumers' buying habits will
adjust during the next financial year but our focus on
producing affordable treats, many with a healthier
dimension, will underpin our continued ambitions for
Glisten as these sectors tend to hold up well during
more demanding economic conditions. We remain determined
to ensure that our business continues to be the most
efficient as well as the most dynamic in our sector."
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