Evening Standard

WHITTARD OF CHELSEA ON THE BOIL AGAIN WITH A PROFIT

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TEA, coffee and cocoa seller Whittard of Chelsea today said it was profitable again as more shoppers snapped up its wares.

The business, set up in 1886, made profits of £251,000 last year compared with a £1.4 million loss in 2016, while revenues rose

20.4% to £34.7 million.

Its retail arm’s same-store sales were up by 10.3%.

Chief executive Mark Dunhill said: “We are confident that we will maintain the momentum establishe­d in 2017 and continue to deliver sustainabl­e growth.”

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