Reports of my death have been greatly exaggerated, quipped Mark Twain. Predictions of the demise of Cadbury following the approval of Kraft’s offer are premature and are flawed by knee-jerk anti-Americanism.
Cadbury today said the demerger of its beverage arm will no longer
result in any capital return to its shareholders, as the company
reported profit losses for the tax year 2007.
A group of leading UK food and drink manufacturers is pledging to
reduce water use under a new programme designed to improve their
environmental credentials and cut costs.
Cadbury's de-merger of its US beverage business should increase
margins for the confectionery business by 4.6 percentage points,
despite an initial cost of £1bn, estimates Credit Suisse.
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...
Italian confectionery supplier OPM Chocolate has developed a new
chocolate depositor which claims to boost efficiency levels on
moulding lines while delivering on accuracy.
Cadbury Schweppes has said it will separate its confectionery and
US soft drinks businesses, sending ripples of speculation across
the financial sector about the firm's motives.
Cadbury Schweppes has come under renewed criticism following a
regulatory finding that it did not adhere to EU safety measures at
its Herefordshire plant, where salmonella was discovered earlier
this year.
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...
Cadbury's rapid expansion over the last few years has boosted sales
in the first half of the year, but the increasing cost of
restructuring its business took a hefty toll on profits.
Tough trading conditions and the impact of several significant
acquisitions continue to take their toll on results at UK-based
confectionery and beverage group Cadbury Schweppes.