British confectioner Cadbury Schweppes confirmed today that it
remains on track to meet its annual financial targets, although
warned of tough trading conditions in the second half, Tom
British confectioner Cadbury is to enter the flourishing organic
chocolate sector for the first time, after acquiring Green and
Black's - the company behind the UK's fastest growing confectionery
brand, Tom Armitage reports.
Shares in Cadbury Schweppes, one of the world's biggest chocolate
manufacturers, have rocketed - as reports surface that US rival
Hershey's, together with a private equity group, is plotting a
takeover bid, Tom Armitage...
Cadbury Schweppes, the world's number two confectionery
manufacturer, is to revamp its famous Bournville chocolate-making
facility, as demand for its Dairy Milk brand continues to soar,
Tom Armitage reports.
British confectionery and soft drinks group Cadbury Schweppes is
back on the path to growth after the acquisition of confectionery
group Adams and a complete overhaul of its US beverage business.
Cost reductions, investment in confectionery...
Increasing investment in new product development is expected to
help British confectionery and soft drinks producer Cadbury
Schweppes to achieve its ambitious targets for long-term growth,
according to analysts Goldman Sachs. And...
Rumours that Kraft Foods was mulling the sale of its sugar
confectionery business have been circulating for a month or so, and
were this week proved to be correct when gum maker Wrigley
confirmed that it would be buying the Altoids,...
Kraft Foods, the biggest packaged foods producer in North America,
is thought to be mulling the sale of its confectionery business,
including the Altoids and Life Savers brands, as part of a move to
focus on a smaller number of stronger...
Cadbury Schweppes is well on the way to delivering growth at its
European confectionery unit, despite an increasingly gloomy outlook
for the packaged food sector as a whole, according to investment
bank Goldman Sachs.
Increasingly health conscious US consumers chose to bypass the
snack packs of food giant Kraft in the second quarter, a trend
which weighed heavily on profits at the country's biggest food
maker. But a major marketing push highlighting...
Kraft Foods claims to be making significant progress towards its
goal of achieving sustainable growth, but figures suggest that the
company is still reeling from changing consumer consumption trends
and commodity price hikes. Cutbacks...
Kraft Foods has selected Rockwell Automation's Power & Energy
Management Solutions (PEMS) team to develop and execute a sustained
energy reduction initiative across all its manufacturing facilities
in North America.
Cadbury Schweppes has said that it is cautiously optimistic about
the coming financial year, having today trading updates ahead of
its interim and preliminary results. The company said that its US
division had particularly shown a...