Halloren Schokoladenfabrik on the right track to success

The Halloren Schokoladenfabrik GmbH Halle/Saale is on track to success despite a subdued market environment. For the first quarter of 2005 growth of 11% was reported, following a sales increase of 10% up to € 27 m the year before. Growth was driven above all by the pride of the company, the Original Halloren Kugel chocolate balls. The sale of corporate bonds, which Halloren began issuing in 2004, has generated € 9.5 m to date – just below the targeted € 10m.Income from the bonds will be used for investments such as the installation of a new production line in the Halle facility. Halloren is currently conducting negotiations in connection with the acquisition of a company.