Hotel Chocolat (LON: HOTC) is recommending a 375p/share bid from Mars, which values the chocolate company at £534m. The share price soared 170% to 366p and it has not been this high for 18 months. Mars is keen to help Hotel Chocolat expand into new regions. The track record of the current management when it […]

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Hotel Chocolat (LON: HOTC) is recommending a 375p/share bid from Mars, which values the chocolate company at £534m. The share price soared 161.9% to 364p and it has not been this high for 18 months. Mars is keen to help Hotel Chocolat expand into new regions. The track record of the current management when it […]

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Pelatro (LON: PTRO) says in its AGM statement that it has won new customers taking its annual recurring revenues to more than $7m, plus additional revenues of $1.7m from existing customers for this year. There is a pipeline worth $23m, including $5m for non-telecoms companies. The share price recovered 9.68% to 8.5p. Telecoms components and […]

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China-based Hainan Mining is funding the Bougouni lithium project that is wholly owned by Kodal Minerals (LON: KOD). A $100m investment will be made into a joint venture providing Hainan Mining with a 51% stake. The work on the construction of the mine will be overseen by Kodal Minerals. Hainan Mining is also subscribing $17.75m […]

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Heart health diagnostics firm GENinCode (LON: GENI) has received California state licensing approval and CLIA certification for its laboratory in Irvine, California. The share price more than doubled, but profit-taking meant that it ended the week 88.4% higher at 14.6p. The certification will allow processing of Lipidin Code, which is set to be launched in […]

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Hotel Chocolat expects to see its sales jump as restrictions ease further Hotel Chocolat, the British chocolatier, has raised £40m in a recent share placement as it eyes a new digital-based strategy. The share placing, led by Peel Hunt and Liberum Capital, was reportedly oversubscribed. “The £40m growth capital raised today will be invested in […]

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There has been yet another profit upgrade following the latest trading statement by Hotel Chocolat (LON:HOTC). The chocolatier reported its initial trading figures for the full year and there was a 21% improvement on 2019-20 and 24% of the peak in 2018-19. The share price increased by 11p to 385p, which is still nearly one […]

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Sales are booming at Hotel Chocolat (LON:HOTC) with much better sales than at the same time in 2019 and the full year outcome will be significantly better than expected. The chocolatier has added one million customers to its database over the past 12 months. Online and subscription sales are offsetting the loss of sales on […]

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Hotel Chocolat (LON:HOTC) made a slightly better than expected profit last year, but the chocolate maker and retailer is likely to lose money this year. Online demand has increased by 150% so far this year. In the year to June 2020, Hotel Chocolat made an underlying pre-tax profit of £2.4m, down from £14.1m, on revenues […]

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Chocolate maker and retailer Hotel Chocolat (LON:HOTC) managed to replace a large part of the loss in high street sales by online revenues. However, profit has been hit by higher costs. The 2019-20 pre-tax profit is expected to be just over £2m, which is well down on the previous year’s figure of £14.1m. profit growth […]

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Hotel Chocolat Group PLC (LON:HOTC) have seen their shares bounce on Tuesday, as the firm posted a strong set of interim results. The firm did not change its dividend, and alluded to rising revenues and profits across the first half of its financial year. Shares in Hotel Chocolat trade at 419p (+9.04%). 25/2/20 11:19BST. Across […]

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At times it seemed that chocolate maker and retailer Hotel Chocolat (LON:HOTC) could do no wrong. That has changed as slowing growth in the second quarter has led to a downgrade, albeit small. Given the high rating enjoyed by Hotel Chocolat it is impressive that the share price has held up so well, falling 12.5p […]

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Chocolate maker and retailer Hotel Chocolat (LON:HOTC) continues to make impressive progress. This will be shown when the figures for the year to June 2019 are published on 24 September. Online sales are growing but there is a lot more to go for. Stores continue to be opened in in the UK, with 14 opened […]

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British chocolatier Hotel Chocolat Group Plc (LON: HOTC) posted impressive revenue growth in its full year trading update, for the year ended 1 July 2019. With profits expected to be in line with market expectations for FY19, Hotel Chocolat revenues rose to £132 million – a 14% increase on FY18 revenues. The Group’s strong performance […]

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Chocolate products retailer Hotel Chocolat (LON: HOTC) has been a big success on AIM. The share price has risen from 148p to 353.5p since the flotation in May 2016. On Wednesday management will be publishing a pre-close trading statement. In reality, there should be no significant surprises because the first half is the most important, […]

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