Emulsifier YN - The unique ingredient in chocolate production.
Palsgaard A/S
Gum revenues account for about one-third of Cadbury's total sales.
Chocolate however, that represented nearly 50 per cent of revenue for the quarter to 30 April, delivered revenue growth of 7 per cent, ' led by a very good Easter in the UK.'
Results for chocolate were further boosted by strong performances in India and South Africa, said the UK firm.
Todd Stitzer, Cadbury chief executive, reaffirmed the chocolate firm's 2009 financial targets. "We reconfirm our guidance to deliver revenue growth around the lower end of our 4 to 6 per cent goal range, and to make good progress toward our goal of mid-teens margins by 2011.”