Thorntons price hit by festive slide

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Tuesday, January 19, 2010
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This is Derbyshire

A DECLINE in sales for chocolate-maker Thorntons saw its share price dip.

Out of the top 10 local listed companies, the Somercotes firm was the worst performer, as its value fell 6.5%.

The firm said that in the 14 weeks to January 9, sales declined by 2.4% to £80.7m, compared to the same period 12 months ago.

But Thorntons said that it was difficult to draw comparisons because of the collapse last year of Birthdays, which operated 94 of its franchises.

Elsewhere, Burnaston's Toyota and Derby train-builder Bombardier made gains.

Apart from household products manufacturer Reckitt and Benckiser, which has a factory in Sinfin, all the other companies in the top 10 saw a fall in value.

1. TOYOTA: UP from £26.46 to £27.87, a rise of £1.41 or 5.3%. (Listed on the Frankfurt Stock Exchange as Toyota Motor Corp).

2. BOMBARDIER: UP from £3.13 to £3.28, a rise of 15p or 4.8%. (Listed on the Frankfurt Stock Exchange as Bombardier Inc).

3. RECKITT BENCKISER: UP from £32.52 to £32.59, a rise of 7p or 0.2%. (London Stock Exchange FTSE 100).

4. UNILEVER: DOWN from £19.47 to £19.30, a fall of 17p or 0.9%. (London Stock Exchange FTSE 100).

5. MOLSON COORS: DOWN from £27.43 to £26.93, a fall of 50p or 1.8%. (Listed on the Dow Jones).

6. PUNCH TAVERNS: DOWN from 76.25p to 74.6p, a fall of 1.65p or 2.2%. (London Stock Exchange FTSE 100. Restaurants, pubs and breweries).

7. ROLLS-ROYCE: DOWN from £5.03.5 to £4.89.2, a fall of 14.3p or 2.8%. (London Stock Exchange FTSE 100).

8. MARSTON'S: DOWN from 90.5p to 85.35p, a fall of 5.15p or 5.7%. (London Stock Exchange FTSE 250).

9. CITIGROUP (parent company to Egg): DOWN from £2.23 to £2.09, a fall of 14p or 6.3%. (Listed on the Dow Jones as Citigroup Inc).

10. THORNTONS: DOWN from £1.08 to £1.01, a fall of 7p or 6.5%. (London Stock Exchange FTSE Food and Drug Retailers).

Stock market prices taken at 9am yesterday compared to 9am on Monday, January 11.

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