What does THT mean in London Stock Exchange?

Thorntons

Thorntons is a British chocolate brand established by Joseph William Thornton in 1911. Thorntons Limited has been owned by Italian company Ferrero since 2015. Net income in its annual report of 2016 was reported at a loss of - £30.8 million with a drop in staff and number of shops across the UK. When Cadburys became part of a non-specific confectionery group, Thorntons became the largest confectionery-only parent corporation in the United Kingdom; while it retains a minority of sales of its established toffee and fudge, the group shifted its specialism, after post-war rationing ended, into chocolate and developed wide Continental, Swiss and Belgian chocolate ranges which (alongside novelties and decoration) form the bulk its sales. It is listed on the London Stock Exchange and is a constituent of the FTSE Fledgling Index. While cutting back on its high street presence, sales and production have increased and a small minority of its shops have started afresh or diversified to become cafés. In June 2015 Thorntons was bought by Ferrero for £112m. Thorntons changed their trading name from Thorntons PLC to Thorntons Ltd in Nov 2016 and now their registered office is Ferrero UK Ltd in Greenford, UK.

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