Summary
THE FTSE 100 closed up 14.4 points on Wednesday at 5257.9. Confectioner Cadbury posted strong third-quarter sales figures, registering an increase of 7% before the effects of currency translation.
The company duly raised its 2009 guidance of growth to the middle of the 4%-6% range. Cadbury is targeting an operating margin in the mid teens by 2011, in demonstration of its ability to pass on higher raw material prices to consumers.See the full content of this document
Extract
Chocolate Giant Rides Out Price Rises
The results reinforce Cadbury's case for generating shareholder value...
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