Cadbury has announced a 28 per cent profit rise for the first half of the year, taking the total to £143 million.
This success is attributed mainly to a 13 per cent rise in sales of Halls cough sweets, a 12 per cent rise in sales of Trident gum and a nine per cent increase for Dairy Milk. It is understood that the demerger of the firm’s American drinks group is also now completed.
The company is optimistic about the remainder of the year, but is planning to make some cost cuts to counteract the effects of an expected six per cent rise in raw ingredient prices.
“We will take whatever measures are necessary in costs, prices, organisation structure and business portfolio to underpin and deliver [our] performance commitments,” said chairman Robert Carr.