Cadbury reveals demerger proposals
Cadbury Schweppes yesterday filed regulatory documents outlining
the demerger of its Americas beverage business into a new
company, revealing the company's strategy to maintain its position
as the world's largest confectionery...
Kraft Q3 operating profit falls 20 per cent
Kraft Foods Inc today posted a 27 per cent decrease in operating
profit for the third quarter, blaming high dairy and other
commodity costs for the tumble.
Wrigley's sales up 13 per cent
US-based confectioner Wrigley yesterday posted a 13 per cent
increase in sales for the third quarter on the back
of strong sales outside the US, increased marketing spend and
positive exchange rates.
Nestle weathers commodities storm, sales rise 7%
Nestle yesterday reported organic sales rose by seven per cent in
the first nine months of this year, with the company successfully
managing to offset rising raw material costs by hiking prices.
Union tackles Cadbury over factory closure
UK union Unite yesterday announced it would ballot its members for
strike action, as Cadbury's plans to close one UK factory and
reorganise another will result in job losses.
Marketing to kids: Nestle, Dannon non-committal could lead to regulations
Nestle and Dannon, two of the nation's leading food companies, have
declined to join a widespread industry move to limit advertising of
unhealthy foods to children.
Cadbury confectionery sales rise 10 per cent
The Cadbury Schweppes drive to boost margins is full steam
ahead, boosted by the demerger of an underperforming drinks
arm, as the company today announced confectionery
revenues grew by ten per cent over the third quarter.
Cadbury goes green across supply chain
Cadbury Schweppes today announced it will publish data on
greenhouse gas emissions from across its global supply
chain, as part of plans to reduce its carbon footprint by 50
Financial news: Cadbury, Cloetta and Rocky Mountain
Cheap labour pulls Cadbury eastwards, airport franchise boosts
profits for a US chocolate company, and Cloetta is tempted by
News briefs: Nestle, Cadbury and anthrax
A dose of this week's confectionery stories; Manufacturers get a
sweet tooth for Eastern Europe plus Malaysia gets into a pickle
Wrigley gets a crown for its dental benefits
Three of Wrigley's sugar-free chewing gums have become the first in
the US to earn the American Dental Association's seal of approval.
Cadbury highlighted for its green fingers
The Climate Disclosure Project yesterday highlighted Cadbury
Schweppes as the best in its class for the actions it has taken
against climate change.
News briefs: Nestle, squeezy chocolate and Cadbury
This week's news briefs include Nestle's new CEO, squeezy chocolate
in a bottle, and Cadbury closing factories.
News brief: Barry Callebaut, Ferrero and death by chocolate
A roundup of a few more confectionery stories from this week; Barry
Callebaut, Ferrero, and potential death by chocolate.
Kraft resets its focus to drive down costs
Kraft Foods will drive down costs by $1bn (€732m), rejig its global
portfolio, and exploit its sales capabilities, in a bid to make the
company more profitable, the company's top executive stated at a
conference this week.