Cadbury Schweppes has reported strong financial performance during the 2005 financial year with an equal sales growth in confectionery and beverages of 6%.
Go deeper with GlobalData
The company has posted a higher than expected revenue growth of 6.3% for the year, and an underlying profit before tax of GBP873m (US$1.52bn) – a 12% increase when compared to 2004.
Over 80% of the group’s revenues and profits in 2005 were generated outside the UK and, driven by Dr Pepper sales, US carbonates outperformed expectations. Cadbury Dairy Milk sales were up 7% over the period.
Cadbury Schweppes CEO Todd Stitzer said: “2005 was an excellent year with innovation driving success in both our confectionery and beverage businesses. Revenue growth at 6% is the best the group has seen in over a decade and shows that our strategy is delivering exciting products for consumers and strong results for our shareowners.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
