date:May 16, 2012
The confectionery and snacks manufacturer said its natural snacks division had quit the low margin sales following unprecedented raw material inflation, causing most of the 18% reduction in sales [in the division]. It highlighted the move in its trading statement for the full year ending April 30.
The firm also incurred costs of 1.5m (1.9m) over the year. These had come from reorganisation and integration after its acquisition of chocolate firm Derwent Lynton (DL), based in Derbyshire, cost red