News blog

Sweet China

  • BY: Andrew Hore |
  • POSTED: 08/09/2008 |

Sweet China says that its sales rose 32% in the four months to August 2008.

Sweet China shares jumped 0.375p to 3.375p on the news. That values the company at £3m.

Management admits that margins have been hit by rising ingredient prices.

Sweet China continues to look for acquisitions. Former chief executive Christopher Cleverly is concentrating on mergers and acquisitions.

David Zulman has taken over as chief executive. He has been involved in the confectionery sector for nearly two decades. 

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