Hancocks grows its sales

Specialist confectionery cash and carry Hancocks said its sales in the first six months of this year had grown by 7% compared with the same period last year.

CEO Andrew Hancock commented: “Our strategy is to remain focused on the confectionery industry and to offer the very best in terms of range, pricing, availability and service to our customers.
“This commitment is being rewarded, with customer spend currently up an astounding 20% and new customer registrations up 5%. We are delighted with this performance and will continue to work hard to help our customers maximise their profitability from confectionery.”

Both the sugar and chocolate sectors of Hancocks achieved growth of around 10%, he said, and sweets for children were up about 5%.

“We look forward to the rest of 2005 with much excitement,” said Hancock. “There are a good number of product launches in the pipeline and our Christmas range is looking to be the best ever, with some fantastic margin opportunities for our customers.”

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