Thorntons: no longer a choccy horror story
Over the past five years, the price of Thorntons' shares has melted away from a peak of 200p as the combination of minuscule sales growth and profit warnings left a bitter taste among shareholders. But whereas the half-year results 12 months ago were ghastly, the latest figures are rather good; indeed, they sparked a 10 per cent rise in the share price and chairman Paul Wilkinson was quick to buy 310,000 shares at 47p apiece.
By Nigel Bolitho,
26 February 2013