Thorntons Plc ( THT,L) Wednesday released its Interim results for the 28 weeks ended 7 January 2012, stating that diluted earnings per share for the half year declined to 0.9 pence from 8.80 pence per share reported for the same period last year.
The company reported total profit attributable to the owners of the parent at 611,000 pounds, lower than 5.98 million pounds for the corresponding half-year last year.
Total revenue for the 28-wek period declined to 130 million pounds from 133.5 million pounds reported last year.
The company stated that a higher proportion of sales came from lower priced items and promotional lines which had an adverse effect on both revenues and margins.
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