Cadbury PLC (Cadbury) reported strong confectionery revenue growth in 1Q 09, driven by strong performances from all operating sectors, except Europe and North America. Furthermore, Management has reiterated its FY 2009 guidance, despite the ongoing global financial market weakness. Going forward, we expect the implementation of cost cutting measures (through the company’s vision into action plan) to positively impact operating margin....

Although Cadbury PLC’s (Cadbury) FY 2008 revenues were below our estimate, operating income and adjusted net income were above our expectations, due to lower-than-expected trading costs, as a percentage of revenues. Despite the recent downturn in the global economy, Cadbury’s top- and bottom-line continued to grow, driven by impressive performances from all segments. Furthermore…

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Cadbury PLC (Cadbury) announced strong confectionery revenue growth in 3Q 08, in which the Asia Pacific region continued to report impressive performance, offsetting the impact of weak performance by Australia. As a result of the weakening performance by Australia, Cadbury has decided to divest its Australian Beverages business. Furthermore, Management expects input costs to be 6%-8% for FY 2009. Given the expected increase in…