COMMENT: Cadbury Schweppes on track, despite lack of fizz
Cadbury Schweppes expects to hit targets for the year, according to a trading update. Despite flat sales in US carbonates and difficulties in its Argentinean and Canadian confectionery operations, Cadbury Schweppes still expects to achieve double-digit profit growth for the year. Although the company should be in a good position to benefit from increasingly snack-orientated consumer habits, Cadbury needs to improve its distribution