Cadbury Schweppes yesterday (24 October) announced that it was lowering its figure for 2005 net income, citing a change in the accounting of employee share awards under new international financial reporting standards.
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Cadbury, the manufacturer of Dairy Milk chocolates and Trident gum, said that the net income for last year was GBP585m (US$1.09bn), 6% lower than the GBP622m previously reported.