Wispa effect boosts Cadbury sales
http://news.bbc.co.uk/go/rss/-/1/hi/england/west_midlands/7669850.stm Version 0 of 1. The relaunch of the Wispa bar has helped chocolate firm Cadbury to achieve an 11% rise in UK sales. The figure for the quarter to 30 September was also fuelled by two additions to its Dairy Milk range. Birmingham-based Cadbury said it expected a successful outcome for the year despite the global financial turmoil. In July the company said it had increased prices by up to 4% over the past year. Cadbury sold 1.2m Wispa bars in one week after the product's relaunch in September. 'Market turbulence' The return of the product, which followed a consumer campaign on social networking sites, was accompanied by the launch of a new range of Dairy Milk bars - Cranberry & Granola and Apricot Crumble. Cadbury had previously announced the loss of 250 jobs, including senior management, under changes to its worldwide operation in a bid to "de-layer" the firm and cut costs. Worldwide sales rose by 6% in the third quarter of the financial year. The company said: "It is not possible to gauge with certainty what effect the most recent market turbulence may have on both trade customer and consumer behaviour. "However, despite these increased headwinds we participate in a resilient category with a strong business model and continue to expect a successful outcome for the year." |