The UK-based confectionary and soft drinks group Cadbury Schweppes PLC is expecting its full year growth to be similar to its first half.

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.