• Cadbury sees margin growth of 80-100bps
  • H1 operating profit up 19%
  • Chocolate sales rise 10; better Q2 for gum, candy

 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Cadbury, the UK confectionery giant, today (29 July) raised its margin expectations after half-year profits climbed 19%.


The company booked a 19% rise in underlying operating profit to GBP319m (US$522.3m) for the first six months of 2009.


On a constant-currency basis, revenue grew 4% to GBP2.77bn. Chocolate sales climbed 10%, while Cadbury said its gum and candy businesses had a “better” second quarter.


Cadbury stuck to its full-year sales forecast of revenue growth around “the lower end” of its 4-6% target.

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.

Company Profile – free sample

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

However, the group upped its margin target and said it expects “stronger margin improvement” of 80-100 basis points at constant currency.


Click here for the full first-half statement from Cadbury. Check back for further coverage and executive comment later.