Wealthier consumers' savings are still being eroded by inflation, but they currently seem focused on enjoying the freedoms that have returned with the easing of COVID-19 restrictions
We are proposing changes to adapt our confectionery manufacturing for the future with a 29.4 million pound ($40.8 million) investment at our factories in York and Halifax and the proposed closure of our Fawdon site towards the end of 2023. Regrettably, these proposals put 573 roles at risk, subject to consultation.
"Looking to 2021, we expect continued improvement in organic growth, profitability and capital efficiency in line with our value creation model," Mark Schneider said according to the text of a speech he was due to make at a virtual shareholder meeting.