Make your money go further for just 25p per day

AIM IHT

How can Hotel Chocolat keep defying challenges?

24/01/2020 · Animalcare Group (ANCR)  · dotDigital Group PLC (DOTD)  · EMIS Group PLC (EMIS)  · Hotel Chocolat (HOTC)  · Strix Group PLC (KETL) 

AIM Financial Results Inheritance Tax UK

Hotel Chocolat tasting box

Strong results from the chocolate makers have justified a stretched valuation, but others haven’t been so fortunate. We analyse a number of this week’s trading updates.


The rich valuation of premium British chocolatier Hotel Chocolat (LON: HOTC) mirrors that of its products. At 410p, the group is valued at £474m or 3 times forecast sales and 40 times forecast earnings for the year ending June 2020. As many companies in the UK have found to their cost, including Fevertree just this week, that type of valuation comes with great expectation. Hotel Chocolat must keep delivering.

My Christmas presents suggested that demand is flying – anecdotal evidence was confirmed by this week’s trading period for the six months to 29 December when sales rose 14%. Business was boosted…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Fundamental Asset Management
Buy any of our portfolios with our associates.
 

FIND OUT MORE

Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Become a Champion Investor for just £90 a year.
 
 

START FREE TRIAL

More on Animalcare Group

How can Hotel Chocolat keep defying challenges?

24/01/2020 · Company Insights

Strong results from the chocolate makers have justified a stretched valuation, but others haven’t been so…


Animalcare: in the recovery room or more surgery needed?

24/09/2019 · Company Insights

This animal health business appeared to have a bright future when we covered it in an…


More on dotDigital Group PLC

More than Money: Milan Patel

30/01/2020 · Podcasts

Have you noticed that company marketing communications are gradually becoming more useful? Like TM Lewin sends…


How can Hotel Chocolat keep defying challenges?

24/01/2020 · Company Insights

Strong results from the chocolate makers have justified a stretched valuation, but others haven’t been so…


More on EMIS Group PLC

Coronavirus impact: 18 March - Part 2

18/03/2020 · Company Insights

After another busy day of market bashing, economic woes and company announcements, musical companies seem to…


How can Hotel Chocolat keep defying challenges?

24/01/2020 · Company Insights

Strong results from the chocolate makers have justified a stretched valuation, but others haven’t been so…


More on Hotel Chocolat

Coronavirus impact: 20 March - watch the dividends

20/03/2020 · Company Insights

It's the last day of school for most pupils around the UK at the end of…


How can Hotel Chocolat keep defying challenges?

24/01/2020 · Company Insights

Strong results from the chocolate makers have justified a stretched valuation, but others haven’t been so…


More on Strix Group PLC

How can Hotel Chocolat keep defying challenges?

24/01/2020 · Company Insights

Strong results from the chocolate makers have justified a stretched valuation, but others haven’t been so…


Strix Group - share based payments dwarf other costs

21/03/2019 · Company Insights
New shareholders in this manufacturer of kettle safety controls are bearing the brunt of some generous…

More Company Insights

Coronavirus impact: 27 March - a dividend is paid, for once

Coronavirus impact: 26 March - balance sheets wobbles

Coronavirus impact: 25 March - are any dividends safe?