Sweet deal

Article Abstract:

Cadbury Schweppes has seen a rise in its share price due to speculation over a possible takeover bid. The company's fundamentals have also improved. Cadbury Schweppes aims to rank third in the US market for soft drinks following its acquisition of Dr Pepper/Seven Up. The US market is worth some $50 billion annually. The company's UK confectionery operations are also performing well, and it has built a 20 million pounds sterling plant in Poland, which exports to other eastern European countries. Australia is the company's base in the Pacific Rim for expanding its confectionery operations.

Confectionery Products, Candy & other confectionery products, Nonalcoholic Beverages, Soft Drink and Ice Manufacturing, Candy, Beverage industry, Non-alcoholic beverages, Cadbury Schweppes PLC, Candy industry

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A crackdown on bootleg Britain

Article Abstract:

Smuggling has become a problem for the United Kingdom, where cigarettes and alcohol are taxed more heavily than in mainland Europe. Consumers have been allowed to buy these products in Europe for personal consumption since the start of 1993. The tobacco and liquor industries have called for tax harmonization to deal with the problem of loss of sales, and tobacco products retailers have been badly hit. As much as 75% of handrolling tobacco entering the UK is smuggled. The UK can no longer raise taxes without bearing in mind policies in mainland Europe.

Beverage Manufacturing, TOBACCO PRODUCTS, Tobacco Manufacturing, Alcoholic Beverages, United Kingdom, International trade, Smuggling, Tobacco industry, Liquor industry

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Thorntons: bittersweet

Article Abstract:

Thorntons is a UK chocolate manufacturer which has seen sales affected by a hot summer in 1995. The company is seeking to depend less on demand at Easter and Christmas, and has expanded through supplying chocolate to Boots and Marks and Spencer. The company expanded into France and has since had to close stores. This has meant that an opportunity to expand in southern England has been missed. The company's profit is not forecast to rise above 12.5 million pounds sterling in 1995.

Chocolate & Cocoa Products, Chocolate industry, Thorntons PLC

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