UK: Cadbury-Schweppes trading in line with H1
The group admitted that the US drinks market continues to be weak and that European confectionary sales had been hit by the hot weather in Europe this summer.
Cadbury said in July that half-year underlying earnings per share grew 2%, at constant currency.
Cadbury also said its plan to refinance a proportion of its US$6.1 billion bank facilities is on course, with around $1.6 billion expected to be refinanced during 2003.
Cadbury-Schweppes has insisted that the disposal of its European soft drinks businesses is not indicative of a move away from soft drinks, but analysts see the group focusing increasingly on confectio...
Cadbury Schweppes has agreed to sell its European beverages business....
PepsiCo has refused to comment on reports linking the company with a bid for Cadbury Schweppes' soft drink business....
The European arm of drinks group Cadbury Schweppes is expected to be sold next month for around GBP1.1bn ($1.9bn), according to press reports....
UK-based soft drinks to sweets group Cadbury Schweppes has issued a trading update ahead of an investor seminar to be held in Dallas, Texas on 10 and 11 October....
Cadbury Schweppes is moving ever closer to selling off its European soft drinks business, according to German press reports....
Rumours are circling that Cadbury Schweppes' soft drinks business may be merged with Britvic....
Cadbury Schweppes Americas brand Mott's has announced a new line of fortified beverages....
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