Hotel Chocolat reported an increase in revenue of 40% to £142.9 million against its H1 2021 sales of £101.9 million.
The chocolate company also noted an underlying EBITDA increase of 35% to £33.8 million against H1 2021 results of £24.9 million, alongside a profit before tax increase of 56% to £24.1 million against a H1 2021 figure of £15.5 million.
The group’s earnings per share increased to 14.2p compared to a H1 2021 dividend of 9.7p.
The company saw a 38% increase in active UK customer database to 2.3 million, and the brand’s joint-venture with Japan saw a 131% increase in consumer sales.
“I am delighted that we have achieved a great set of results both in terms of sales and profits, indicating the global strength of the Hotel Chocolat brand and our direct-to-consumer business model,” said Hotel Chocoalt CEO Angus Thirlwell.
“These results enable continued new job creation based in our British manufacturing operations, as well as roles in technology and multi-channel retailing.”
“We have remained focused on our opportunities, delivering a sustained acceleration in growth over the last 18 months.”
“Since the end of the financial reporting period, trading has continued to be in line with the Board’s expectations. The multi-channel performance of the UK remains encouraging, and the new markets continue to show promising potential for growth and profitability.”
Hotel Chocolat’s shares declined 2% on Wednesday trades despite the company reporting strong interim results for H2 2021.