date:Jul 19, 2012
The companys confectionery division delivered sales of 87.8m for the year ended 30 April 2012, up 2% on the previous year. However profits slid 9% to 5.2m.
Zetar Chief Executive Ian Blackburn said:Last years financial performance was disappointing primarily due to the late reduction in Easter 2012 sales, as our customers became increasingly cautious as the economic crisis in Europe unfolded.
Williams added that retailers must have under-ordered as virtually all of Zetars Easter offerings sold