Candy and gum maker Cadbury PLC tripled its net profit in the first half of the year compared to the same period a year ago, with results boosted by a strong gain from its discontinued beverage business.
The company, which makes Cadbury chocolates, Trident and Dentyne gum, and Halls and Bassett's candies, said Wednesday that net profit was 313 million pounds ($513 million), compared to 113 million pounds a year earlier.
Revenue was up 13 percent to 2.8 billion pounds, or up 4 percent on a constant currency basis. The company confirmed its guidance that it expects full-year revenue growth at the lower end of a 4 percent to 6 percent range.
Cadbury's profit include a 234 …
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