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.
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