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...
Having recently announced a large-scale withdrawal from the
Hungarian market, Kraft Foods has reaffirmed its commitment to the
Romanian market, by confirming a series of future investments in
its division there.
Despite a significant increase in sales leading global
confectionery company Cadbury Schweppes has reported a 33 per cent
drop in its net income, largely on the back of restructuring costs
and tough market conditions.
Kraft Foods has said that it will close down its only production
facility in Hungary and move production elsewhere. The company has
hinted that production of confectionery and coffee could shift to
Slovakia and Austria.
Confectionery giant Cadbury Schweppes has announced plans to
increase the efficiency and productivity of its Trebor Bassett
manufacturing sites in Bournville and Somerdale, UK. The company
has warned that as part of this programme,...