Thorntons

Thorntons has said full-year profits will be ahead of expecations

Thorntons has reported that full-year profits will be ahead of current market expectations.

The chocolatier said a combination of sales growth and careful cost management meant pre-exceptional profit before tax for the year ending 29 June would be higher than £4.6m.

The statement comes only two months after Thorntons announced that annual profits would be “substantially ahead” of market expectations.

Reiterating a ‘buy’ recommendation on the stock, Investec analyst Bethany Hocking said it was “clearly good news”.

Thorntons will announce its full-year results on 11 September.

Last month Thorntons announced it was trialling online terminals in three stores, for customers to shop its full catalogue and order personalised gifts.