Chief executive Paul Simmonds said the acquisition of The Glisten Company, now renamed Glisten Confectionery, last June had been lucrative.
He added: “In June 2002 we obtained expanded rights to market Sun-Maid chocolate products in Scandinavia and in November 2002 we secured UK rights. Sales of Sun-Maid were 20% ahead of last year.”
Simmonds said the 2002 Christmas range had sold well: “Our premium and novelty ranges were particularly successful and these are areas we expect to exploit further.”
Popcorn sales had also been good. “In spring we completed a £101,000 capital investment to build on sales growth of 15% in 2002/03 with a substantially improved product,” said Simmonds.
Glisten’s sales in the year to June 30 rose by 9.3% from £14.3m to £15.6m. Pre-tax profit rose by 16.5% from £1.17m to £1.36m in the same period.