Natural snack and confectionery group Glisten has unveiled ambitious plans to ramp up its export business.
This week the company revealed pre-tax profit up 25% to £3.3m for the six months to 31 December 2007 from £2.6m in 2006. The AIM-listed group's confidence in future trading was reflected in a 10% dividend hike.
Chief executive Paul Simmonds said interest in healthier and more natural products in Europe had paved the way for companies such as Glisten to get a firmer grip on the market.
"We already export 10% of products to the EU but want to explore the possibility of deeper penetration into certain countries," said Simmonds, "Scandinavia is a particular interest as eating trends there suit our products."
As well as trying to expand internationally, Simmonds said the company was focused on increasing UK sales through impulse, vending and foodservice sectors.
"These are the channels where there is a clear opportunity for healthier, natural snacking alternatives," added Simmonds.
The company was also expanding its online services, and had started offering a home delivery service for its Fruitus brand six months ago - which had seen promising growth, said Simmonds.
Since flotation in 2002, Glisten has made five acquisitions - including a £7.5m deal for Dormen Foods and £150,000 for a stake in Skinny Candy.