Countlines control UK chocolate market
Article Abstract:
Sales of moulded chocolate products, in the UK, were worth 606 million pounds sterling, in 1997, whilst sales of boxes of chocolates were worth 583 million pounds sterling. Sales of chocolate products account for 73.4% of the German confectionary market and 62.5% of the UK market. Sugar based confectionary has a 53.8% share of the Japanese market and 55.3% of the Italian market. A 75% share of the UK market is held by Mars (UK) Ltd., Cadbury Schweppes PLC and Nestle Rowntree. Countline bars are the most popular type of product with global sales worth 3.6 billion pounds sterling.
Publication Name: Eurofood
Subject: Food and beverage industries
ISSN: 0955-5405
Year: 1997
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Cadbury growth overshadowed by sterling
Article Abstract:
Cadbury Schweppes had half year pre-tax profit growth cut from 13% to 8% due to the strength of the British currency. Sales were up 7% at constant exchange rates, but up just 1% at actual exchange rates. The beverage division saw volumes increased by 5%, with the Dr Pepper brand performing well in the US. The confectionery division saw strong profit rises and improved overall performance due to tighter cost control, add-on acquisitions and integration efficiencies.
Publication Name: Eurofood
Subject: Food and beverage industries
ISSN: 0955-5405
Year: 1998
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Cadbury Schweppes undaunted by strength of sterling and CCSB disposal
Article Abstract:
The first half 1997 results of Cadbury Schweppes PLC have been unaffected by the sale of its majority stake in soft drinks joint venture CCSB. Operating profits for the period rose by 17% to 245 million pounds sterling, with pre-tax profits up 2% to 236 million pounds sterling. Volume sales of sugar and chocolate confectionery rose from the previous year, although sales were hit by the strength of sterling.
Publication Name: Eurofood
Subject: Food and beverage industries
ISSN: 0955-5405
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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