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Cadbury announces good 3Q performance

14-Oct-2008

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Chocolate manufacturer Cadbury reported a strong performance for the third quarter ending 30th September in its Interim Management Statement, released today.

It announced a revenue growth of 6 per cent during the quarter, bringing its year-to-date revenue growth to 7 per cent. CEO Todd Stitzer commented: “The good third quarter performance was in line with our expectations… Despite weaker economic conditions, we expect strong profit growth for the year and reconfirm the revenue and margin guidance we gave in July.”

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