UK: Confectionery lines may not taste sweet for Cadbury Schweppes
Cadbury Schweppes announces its full-year earnings on Valentine's Day, and the group expects to report increased sales for its soft drinks in the US and a downturn in its confectionery lines in the UK Analysts expect profit before taxes, goodwill and restructuring costs, to rise 12% to £769m (US$1.12bn) on the previous year, citing the focus on the US beverage market as the factor behind improved results. The company's UK confectionery unit has posted sluggish sales in recent years and analysts expect this trend to continue this year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- CAGNY analysis: Danone's growth strategy
- How General Mills plans to grow - CAGNY
- US food next wave on display at Winter Fancy Food
- Comment: Meal kits in US - don't believe the hype
- Interview: A2 Milk Co. chair firm's rapid rise
- Unilever 'giving serious thought to split'
- Nestle launches global sugar target
- Bonduelle to buy US produce group Ready Pac Foods
- Mead Johnson acquires Bega Cheese capacity
- ABF sees further grocery revival