Thornton’s closures help boost profits

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Chocolate-maker Thorntons has reported a large increase in annual pre-tax profits.

The Somercotes firm said it made profits of £5.6 million in the year to June 29 - a significant improvement on the previous year when it made just £900,000.

​Sales also grew, rising by 1.8 per cent, to £217.1 million.In July, Thorntons announced that it was on course to beat its full-year profit forecast.

The company said that a strategy to turn around the business was starting to reap dividends.It involves the firm reducing its number of High Street stores and putting more focus on sales through supermarkets.

Thornton’s Belper store closed in June - ending the firm’s 65-year association with the town.