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Thornton’s sales melt in summer
Chocolate retailer Thorntons yesterday posted a fall in fourth quarter sales, blaming the hot weather, but said full-year profit will be a touch ahead of market forecasts. “The board expects that profit before tax and before the anticipated pension scheme credit for the full year ended June 2009 will be marginally ahead of the current market consensus of £5.4m said chief executive Mike Davies. The firm said its sales declined by 2.7 per cent to £27.9m.