News blog


  • BY: Andrew Hore |
  • POSTED: 27/02/2012 |

Shares in confectionery and snacks supplier Zetar fell 5% after it reiterated that this year’s Easter orders are lower than for last year.

Sales and underlying profit are ahead in the first nine months of the financial year thanks to growth in all year round sales but Zetar forecasts that full year profit will be £5.5m, compared with previous expectations of £6.8m.

Cost reductions will benefit next year and Zetar says it is on course for a profit of £7.3m in the year to April 2013.

At 176p a share, Zetar is valued at £23.3m.
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